Problem 2.3.40

Problem 2.3.40
In 1996, the property tax of a community is increased by 6% over the 1995 tax. An additional surcharge of $200 is also added for a special project. If the Petersons' 1996 tax totals $2108, find their property rax for the year 1995.
Answer: $1800

In 1996, the property tax of a community is increased by 6% over the 1995 tax.

An additional surcharge of $200 is also added for a special project.

If the Petersons' 1996 tax totals $2108, find their property rax for the year 1995.

Answer: $1800