In New Jersey, an average of 62% of a person’s property taxes goes
to support schools. If a person’s property taxes are $7,200 a year,
then how much money will go to schools?
A) $7,200
B) $4,464 (Correct Answer)
C) $460,800
D) $4,400
Explanation:
To find 62% of $7,200, it would be necessary to calculate 7,200 * 0.62. The product is 4,464.
An average of $4,464 of each person’s property taxes goes to the schools.
Related Common Core State Standard: 8.EE.7
