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The state of California charges homeowners approximately $1,200 per year in property taxes for every $100,000 a person's home is worth. If Mr. Cohen's home in Studio City, CA is worth $1,600,000, how much does he have to pay in property taxes per year? Set up a pair of equivalent ratios and then use your knowledge of cross products to solve. You may use calculator.

Respuesta :

We have the next information

1,200 ----- 100,000

x ----- 1,600,000

x is the missing quantity

x can be calculated in this way

[tex]x=\frac{1,600,000\cdot1200}{100,000}=19200[/tex]

Mr. Cohen has to pay per year $19,200 taxes per year

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