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Sadie's Budget planners for a certain community have determined that $8,153,600 will be required to provide all government services next year. The total assessed property
Sadie's Budget planners for a certain community have determined that $8,153,600 will be required to provide all government services next year. The total assessed property value in the community is $108,000,000. What tax rate is required to meet the budgetary demands? (Express your answer as a tax rate per $100 and round to the nearest hundredth)
A. $7.50 |
B. $7.55 |
C. $8.24 |
D. $8.15 |
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