In a city, the property tax T , in dollars, is calculated using the formula above, where P is the

Question

In a city, the property tax T , in dollars, is calculated using the formula above, where P is the value of the property, in dollars. Which of the following expresses the value of the property in terms of the property tax?

Accepted Answer

Choice D is correct. To express the value of the property in terms of the property tax, the given equation must be solved for P . Multiplying both sides of the equation by 100 gives . Adding 40,000 to both sides of the equation gives . Therefore, . Choice A is incorrect and may result from multiplying 40,000 by 0.01, then subtracting 400 from, instead of adding 400 to, the left-hand side of the equation. Choice B is incorrect and may result from multiplying 40,000 by 0.01. Choice C is incorrect and may result from subtracting instead of adding 40,000 from the left-hand side of the equation.

Question in-a-c