answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
madam
2 months ago
9

Mr. Brown owned a house, which he rented for $60 a month. The house was assessed at $9000. In 1975 the rate of taxation was incr

eased from $25 to $28 per $1000 assessed valuation. By what amount should the monthly rent have been raised to absorb the increase in that year's taxes?
Mathematics
1 answer:
AnnZ [12.3K]2 months ago
5 0
First, we determine the percentage increase for the tax.

Initial amount = 25×9 = 225 ⇒ The 9 signifies 9 lots of thousands representing the house's value.
New amount = 28×9 = 252

Tax increase = 252 - 225 = 27  
Percentage increase = (27÷225) ×100 = 12%

Therefore, the yearly rent should rise by 12%

Monthly rent is $60
Yearly rent = 60×12 = $720
With a 12% increase = 720×1.12 = 806.4 ⇒ Here, 1.12 is the multiplier derived from 100%+12%=112%=1.12

Monthly rent becomes 806.4÷12 = $67.20, resulting in an additional $7.20 each month.
You might be interested in
Henri has $24,000 invested in stocks and bonds. The amount in stocks is $6,000 more than three times the amount in bonds. Call t
zzz [12365]

Answer:

The solution to this problem indicates that Hernry invested $18,000 in stocks and $6,000 in bonds.

Step-by-step explanation:

First, you need to multiply 6 by 3. The outcome is 18, meaning it is three times higher than the bond amount. Next, subtract $24,000 from $18,000, which gives you $6,000, representing the bond investment. Hence, it is three times less than the stocks as the question describes.

4 0
2 months ago
Read 3 more answers
What is the solution to the linear equation? 2.8y + 6 + 0.2y = 5y – 14 y = –10 y = –1 y = 1 y = 10
Zina [12379]

2.8y + 6 + 0.2y = 5y – 14

Start by simplifying the left side:

3y + 6 = 5y - 14

Next, deduct 3y from both sides:

6 = 2y - 14

Add 14 to both sides:

2y = 20

Now, divide by 2:

y = 20 / 2

y = 10

5 0
2 months ago
Read 2 more answers
A cosmetic company tested a new lotion. Of the 2,500 people tested 15 had an allergic reaction. What percentage of the people ha
Zina [12379]
0.6%. Dividing 100% by 2,500 individuals indicates that each individual accounts for 0.04%. Multiplying 0.04 by 15 equals 0.6
5 0
2 months ago
Read 2 more answers
Recycled cd’s incorporated, offers a choice of 5 used CD for $24, with each additional CD costing $5. Write a cost function for
AnnZ [12381]

If $24 is the price for the 5 used CDs, then your formula would be "24+5x" where x represents the count of additional CDs you buy.

24+5(6-5)

24+5(1)

24+5

=29


Thus, acquiring 6 CDs would cost $29


I hope that’s accurate, good luck^^

5 0
3 months ago
Jerry is a judge he hears 5 cases every 2 3/8 per hours Jerry hears case at a constant rate How many cases does he hear per hour
tester [12383]
Approximately 2, I believe... I calculated it to be around 2.10. 
5 0
3 months ago
Read 2 more answers
Other questions:
  • The area of a square can be represented by the expression x10 Which monomial represents a side of the square?
    14·2 answers
  • the graph of g(x) is a translation of the function f(x) = x2. the vertex of g(x) is located 5 units above and 7 units to the rig
    5·2 answers
  • A certain type of device has an advertised failure rate of 0.01 per hour. The failure rate is constant and the exponential distr
    8·1 answer
  • The function f(x) = 800(1.09)4x shows the growth due to interest that Jim earns on an investment. The steps to calculate an equi
    12·2 answers
  • A small school with 60 total students records how many of their students attend on each of the 180 days in a school year. the ma
    12·1 answer
  • An environmental scientist wants to use a 95% confidence interval to estimate the mean number of hours per day her solar panel r
    10·1 answer
  • (5y + 2) + 14x = 5y + (2 + 14x)
    8·2 answers
  • The number of tickets sold for a school event is 330. Let a represent the number of adult tickets sold and s represent the numbe
    14·1 answer
  • The brand name of a certain chain of coffee shops has a 53% recognition rate in the town of Coffeeton. An executive from the com
    7·2 answers
  • On circle O below, the measure of FJ is 84º . The measure of GH is 76°.<br> What is the measure of
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!