In Atlanta, the tax on a property assessed at $840,000 is $16,800. If tax rates are proportional in thiscity, how much would the tax be on a property assessed at $1,000,000?

Respuesta :

Given the information on the problem, we can write the following proportions:

[tex]\frac{16800}{840000}=\frac{x}{1000000}[/tex]

solving for x, we get:

[tex]\begin{gathered} \frac{x}{1000000}=\frac{16800}{840000} \\ \Rightarrow x=\frac{1000000\cdot16800}{840000}=20000 \\ x=20000 \end{gathered}[/tex]

therefore, the tax is $20,000