If a homeowner pays $8000 a year in taxes for a house valued at $250,000, how much would a homeowner pay in yearly taxes on a house valued at $175,000?

1 Answer
Nallasivam V
Aug 11, 2018

Owner of a home valued at $.175000 pays yearly tax #=$.5600#

Explanation:

Owner of a home valued at $.250000 pays yearly tax #=$.8000#
Owner of a home valued at $.175000 pays yearly tax #=8000/250000 xx 175000=$.5600#

Owner of a home valued at $.175000 pays yearly tax #=$.5600#

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