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) Group of answer choices $7.55 $8.15 $8.24 $7.50

Holt Mcdougal Larson Pre-algebra: Student Edition 2012
1st Edition
ISBN:9780547587776
Author:HOLT MCDOUGAL
Publisher:HOLT MCDOUGAL
Chapter7: Percents
Section7.6: Percent Applications
Problem 14E
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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)

Group of answer choices

$7.55

$8.15

$8.24

$7.50

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