Calculate Tax Rate in Decimal Form (Six Decimal Places)

question 83

Short Answer

Calculate tax rate in decimal form (six decimal places):
$$\begin{array} { | l | l | } \hline\text { Total Assessed Value } & \text { Budget Required } \\\hline \$ 48,000,000 & \$ 895,000 \\\hline\end{array}$$

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Definitions:

Uncentralized Systems

Systems that lack a central control or authority, often leading to a more distributed and participatory form of governance or organization.

Chiefdoms

A form of hierarchical political organization in pre-industrial societies usually based on kinship, and characterized by a leadership role (chief) that is hereditary.

Tribes

Social groups existing before the development of, or outside of, states, often consisting of families or communities linked by social, economic, religious, or blood ties.

Political Organization

Structures and systems that societies develop to make and implement decisions, often including governments, parties, and other entities that regulate social order.