Many factors go into assessing the value of a house for tax purposes. Once the proper category has been determined, the assessment rate is per square foot or square meter.
Compute the value of the one‐floor dwelling described below if the assessment rate is $389 per square meter based on the footprint (the base) of the house.
a.
What is the tax assessment on an L‐shaped house consisting of two parts with rectangular
bases: 14.7 meters by 17 meters and 14 meters by 15.5 meters? Round the answer to dollars and cents.
Tax assessment is $
.
b.
How much tax must be paid on this L‐shaped house if the tax rate is $73 on every $1,000 of
assessed value? Round the answer to dollars and cents.
Tax to be paid is
