A condominium is taxed based on its 78,894 value. The tax rate is 3.43 for every 100 of value. If the tax is paid before March 1,4% of the normal tax is given as a discount. How much tax is paid if the condominium owner takes advantage of the discount? square (Round to two decimal places as needed.)

To solve this problem, we need to calculate the normal tax amount and then apply the 4% discount.Given information:- The value of the condominium is 3.43 for every 2,696.22Step 2: Calculate the discount amount.Discount amount = 4% of the normal tax amountDiscount amount = 0.04 × 108.49Step 3: Calculate the final tax amount after the discount.Final tax amount = Normal tax amount - Discount amountFinal tax amount = 108.49 = 2,587.73 (rounded to two decimal places).