how much money will the owner of the home shown in the table have to pay in property taxes per year?\nreal…

how much money will the owner of the home shown in the table have to pay in property taxes per year?\nreal estate tax\n|property tax|0.75%|\n|purchase price|$200,000|\n|market value|$230,000|

how much money will the owner of the home shown in the table have to pay in property taxes per year?\nreal estate tax\n|property tax|0.75%|\n|purchase price|$200,000|\n|market value|$230,000|

Answer

Explanation:

Step1: Convert percentage to decimal

$0.75%=0.0075$

Step2: Calculate property tax

$200000\times0.0075 = 1500$

Answer:

$1500$