lillytanner66 lillytanner66

17-03-2021
Mathematics

contestada

Mike pays $8,000 in property taxes, but receives a 28% tax deduction for it. What is Mike’s net expense for property taxes

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ntheboss11 ntheboss11

17-03-2021

Answer:

the answer is he pays 2,240 in property taxes now

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chocolatesunday127 chocolatesunday127

17-03-2021

Answer: 5,760

Steps:
8,000 * .28 = 2,240 —> tax deduction
8,000 - 2240 = 5,760

Tip: Move the decimal place two spots to the left to make a percent a decimal.

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