how much money will the owner of the home shown in the table have to pay in property taxes per year? real…
how much money will the owner of the home shown in the table have to pay in property taxes per year? real estate tax property tax 0.6% purchase price $180,000 market value $210,000
Answer
Answer:
$1080$
Explanation:
Step1: Identify the base value
Use purchase - price as base, $180000$.
Step2: Convert percentage to decimal
$0.6%=0.006$.
Step3: Calculate property tax
$180000\times0.006 = 1080$.