Pregunta
upstudy study bank question image url

All property tax in Wyoming is based on the assessed value of the property being taxed. For county
revenue, the tax rate cannot exceed of the assessed value. Suppose that the assessed value of a hotel
is and the tax rate is . What is the property tax?
Property tax:
Question Help:
Submit Question

Ask by Daniel Salazar. in the United States
Mar 29,2025

Solución de inteligencia artificial de Upstudy

Respuesta verificada por el tutor

Responder

The property tax is $1,380.

Solución

  1. The formula for the property tax is given by:
  2. Substitute the given values into the formula:
  3. Perform the multiplication:
Thus, the property tax is:

Respondido por UpStudy AI y revisado por un tutor profesional

error msg
Explicar
Simplifique esta solución

Bonus Knowledge

To calculate the property tax, you can use the formula: Property Tax = Assessed Value × Tax Rate. In this case, the assessed value of the hotel is $92,000, and the tax rate is 1.5%, which can also be expressed as 0.015 in decimal form.
So, .
Therefore, the property tax for the hotel is $1,380.
As a fun fact, property taxes are essential for funding local services like schools, roads, and emergency services. It’s amazing how your tax dollars contribute directly to community development and support!
If you’re ever unsure about your property tax assessments or tax rate, it’s best to check with your local county assessor’s office. They can provide guidance and ensure you’re not over or underpaying, keeping your finances transparent and stress-free!

¡Prueba Premium ahora!
¡Prueba Premium y hazle a Thoth AI preguntas de matemáticas ilimitadas ahora!
Quizas mas tarde Hazte Premium
Estudiar puede ser una verdadera lucha
¿Por qué no estudiarlo en UpStudy?
Seleccione su plan a continuación
Prima

Puedes disfrutar

Empieza ahora
  • Explicaciones paso a paso
  • Tutores expertos en vivo 24/7
  • Número ilimitado de preguntas
  • Sin interrupciones
  • Acceso completo a Respuesta y Solución
  • Acceso completo al chat de PDF, al chat de UpStudy y al chat de navegación
Básico

Totalmente gratis pero limitado

  • Solución limitada
Bienvenido a ¡Estudia ahora!
Inicie sesión para continuar con el recorrido de Thoth AI Chat
Continuar con correo electrónico
O continuar con
Al hacer clic en "Iniciar sesión", acepta nuestros términos y condiciones. Términos de Uso & Política de privacidad