Last year, Mr. Johnson's property was assessed at a value of $275,000 and had to pay...

 

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Last year, Mr. Johnson's property was assessed at a value of $275,000 and had to pay $4,340 in property taxes. This year, the same property was assessed at $300,000. What will be the current property taxes if they are in the same ratio as the assessed values? For full marks your answer(s) should be rounded to the nearest cent. Current property taxes = $0.00 W Last year, Mr. Johnson's property was assessed at a value of $275,000 and had to pay $4,340 in property taxes. This year, the same property was assessed at $300,000. What will be the current property taxes if they are in the same ratio as the assessed values? For full marks your answer(s) should be rounded to the nearest cent. Current property taxes = $0.00 W