Find the annual property tax on an assessed value of $60,000 at a tax rate of 21mills.
And please don't just give me the answer. I actually want to know how to work the problem.

Question

Find the annual property tax on an assessed value of $60,000 at a tax rate of 21mills.
And please don't just give me the answer. I actually want to know how to work the problem.

ganeshie8 · Answer

what is mill

anonymous · Answer

Millagee tax.

ganeshie8 · Answer

ok

1 mill = one thousandth of a dollar
1 mill = 0.001 $

right ?

anonymous · Answer

Correct.

ganeshie8 · Answer

tax rate is 21 mills, what does that mean ?

ganeshie8 · Answer

for every 1 $, you have to pay a tax of 21 * (0.001) $

ganeshie8 · Answer

right ?

anonymous · Answer

Right.

anonymous · Answer

I've got it now. Thanks. The answer is $1,260 right!

ganeshie8 · Answer

For $\color{green}{1 \ $}$ ,        tax  = $\color{brown}{21 * (0.001) $}$
For $\color{green}{60,000\ $}$ ,        tax  = $\color{brown}{? \ }$

ganeshie8 · Answer

its

60,000 * 21 * (0.001)

right ?

ganeshie8 · Answer

hey sorry i didnt notice ur reply lol
thats correct answer is 1260 !! nice work :))

anonymous · Answer

No problem. Thanks.

ganeshie8 · Answer

yw :D

anonymous · Answer

Hey, do you mind helping me with another problem?