Property Tax Is Based on the Assessed Value of a Property.A

question 38

Multiple Choice

Property tax is based on the assessed value of a property.A house that has an assessed value of $200,000 has a property tax of $4,820.Find a mathematical model that gives the amount of property tax y in terms of the assessed value x of the property.Use the model to find the property tax on a house that has an assessed value of $230,000.(Round your answer to four decimal places. ) ​

• A) \(y = 0.0241 x ; \$ 230,000\)
• B) \(y = 0.0241 x ; \$ 5543\)
• C) \(y = 41.4938 x ; \$ 5543\)
• D) \(y = 41.4938 x ; \$ 9,543,568\)
• E) \(y = 0.0241 x ; \$ 9,543,568\)

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