Contemporary Mathematics for Business & Consumers 8th Edition by Robert Brechner,Geroge Bergeman

Exercise 94

Calculate the property tax rate required to meet the budgetary demands of the following communities.
The Young family is considering the purchase of a home. They have narrowed the choice down to a $162,000 home in Palm Springs and a $151,200 home in Weston. With regard to property taxes, Palm Springs has an assessment rate of 90% and a tax rate of 22.45 mills, while Weston has a 100% assessment rate and a tax rate of $2.60 per $100 of assessed value. Which house has the higher property tax and by how much