Question

Scenario: Terrill and Natalia want to buy a home valued at $150,000. The property tax in their community is 1 percent of the property's value per year. How much will Terrill and Natalia be required to pay in property tax per year? $15 $150 $1,500 $15,000

Answer 1

$1,500

Step-by-step explanation:

To calculate a 1% tax, you will multiply the home's value by the decimal equivalent of 1% which is .01

.01 *150,000 = $1,500

Answer 2

1,500 is the answer ......