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In New York, the tax on a property assessed at $470,000 is $6,580. If tax rates are proportional in this city, how much would the tax be on a property assessed at $480,000? Choose the proportion you would use to solve the problem. How do I know how to set up the proportion like what do I need to do? Please!
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6,580 = rate*470,000 so rate = 6,580/470,000, this is the proportion Then tax on 480,000 would be rate*480,000
So the proportion would be.. 6,580/470,000=x/480,000
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