Household Expenses2020-12-30T21:46:23+10:00

Timetable Forums Standard Finance Earning & Managing Money Household Expenses

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    If the rate is charges at 0.272950 cents in the dollar and there is a flat charge of $195.00, what is the total bill on a property worth $377,000?

    0.272950 × 377 000
    = 102 902.15

    charges will be in cents, so make sure when reading these you are careful to notice if it is dollars or cents

    102,902.15 ÷ 100
    = 1029.0215

    we convert this now by dividing by 100, as there are 100 cents in a dollar, and round to the nearest cent to get $1029.02
    total = $195 + $1029.02
    = $1224.02
    the total will be the 1029.02 plus the $195
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