Hello! you need to find the out 1.5 percent of 18,000.00. The word of tells use to multiply.
To find the tax due, multiply 1.5 by 18,000.00
1.5 * 18,000.00 = 27000
Answer: $270
Step-by-step explanation:
Given phrase : - The assessed value of undeveloped land = $18,000.00
Residents of Bates County pay a 1.5 percent property tax.
⇒ Tax percent = 1.5 %
Now, the the tax due on a parcel of undeveloped land is given by :-
[tex]\text{Tax= Tax percent x Assessed value }\\\\\Rightarrow\text{Tax}=1.5\%\times18000[/tex]
To convert percent into decimal we divide it by 100, we get
[tex]\\\\\Rightarrow\ \text{Tax}=0.015\times18000\\\\\Rightarrow\ \text{Tax}=\$\ 270[/tex]
Hence, The tax due on a parcel of undeveloped land = $270
