The assessed value on a property increased from $342,000 last year to $365.000 in the current year. Last year's property tax rate was $1.61074 per $100 of assessed value. a. What will be the change in...

Extracted text: The assessed value on a property increased from $342,000 last year to $365.000 in the current year. Last year's property tax rate was $1.61074 per $100 of assessed value. a. What will be the change in the property tax from last year if the new tax rate is set at $1.56443 per $100? (Round your answer to 2 decimal places.) Change in property taxes increase b. What would the new tax rate have to be for the dollar amount of the property taxes to be unchanged? (Round your answer to 5 decimal places.) New tax rate per $100 References