We know that
• The rate of assessment is 48%.
,• The tax rate is $52 per $1000.
To find the real estate tax, we have to multiply each rate with the value of the home.
[tex]98,000\cdot0.48\cdot\frac{52}{1000}=\frac{2,446,080}{1000}=2,446.08[/tex]Therefore,