Toby and Betty Combs pay $8,719.38 in annual property taxes. Their home has a market value of $361,800.00 with a tax rate of 48.2 mills. What is the rate of assessment in their tax district?

The assessment rate in their tax district is 50%.

Step-by-step explanation:

Market value of their home = $361,800

Tax rate = 48.2 mills = 4.82%

Let's assume that the rate of investment be "r".

Assessed vale (AV) = $361,800 × r

Tax = 0.0482 × AV of $361,800 × r

Assessment rate (r) = $8,719.38/(361,800×0.0482)

Assessment rate (r) = 50% (answer).

step-by-step explanation:

if x = 2 you have to find x to finish the problem

look at the picture.

y-intercept for the function on a picture is 4 → point (0, 4).

y-intercept for the function

is for x = 0. substitute:

y-intercept is 8 → point (0, 8).