in township k each property is taxed at 8 percent of its assessed value . if the assessed value of a property in township k is increased from $ 20,000 to $ 24,000 , by how much will the property tax increase ?
"property tax as a percentage of its assessed value = 8 % increase in assessed value of the property = 24000 - 20000 = 4,000 $ increase in property tax = ( 8 / 100 ) * 4000 = 320 $ answer c"
divide(multiply(subtract(multiply(multiply(add(const_3, const_4), const_4), const_1000), multiply(multiply(add(const_4, const_1), const_4), const_1000)), 8), const_100)