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ID: 3031890 • Letter: H
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home / study / questions and answers / a city commission has proposed two tax bills. the ... Question: A city commission has proposed two tax bills. The ... Saved A city commission has proposed two tax bills. The first bill requires that a homeowner pay $1400 plus 22% of the assessed home value in taxes. The second bill requires taxes of $600 plus 4% of the assessed home value. What price range of home assessment would make the first bill a better deal for the homeowner?
A home assessment greater than $___ would make the first bill a better deal. I need a $ amount for an answer..
Explanation / Answer
Let the home assessment be $x
So, First Bill = 1400 + 0.22x
Second Bill = 600 + 0.04x
first bill a better deal for the homeowner:
if first bill < second bill
1400 + 0.22x < 600 + 0.04x
0.18x< -800
x < -800/18 .This is an ilogical solution as x cannot be -ve
Please check the values in the question
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