146k views
4 votes
Suppose you own a home worth $215,000 and property taxes come due at the end of the year. if your property tax rate is 1.0% how much should you set aside each month to be prepared to pay this bill at the end of the year?

A) $21,500
B) $180
C) $2,150
D) $1,792

User Chao Song
by
5.0k points

1 Answer

3 votes
The answer is C, because 1% of 215,000 is 2,150.
User Beothorn
by
5.1k points
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.