Answer:
$29500
Step-by-step explanation:
We have been given that Tariq lives in Palm Beach, Florida, and purchased a house for $250,000. The amount of millage for property tax is 11.8%. We are asked to find the amount of property tax that Tariq paid.
To find the amount of property tax paid by Tariq, we need to calculate 11.8% of $250,000.
[tex]\text{Amount of property tax paid by Tariq}=\$250,000\times \frac{11.8}{100}[/tex]
[tex]\text{Amount of property tax paid by Tariq}=\$2500\times 11.8[/tex]
[tex]\text{Amount of property tax paid by Tariq}=\$29,500[/tex]
Therefore, Tariq paid an amount of $29500 in tax.
