Question

The marshalls pay $1854 each year in property tax for their home they pay the tax in equal monthly amounts they also make a monthly house payment $824 how much do they pay each month for their house payment and property tax combined

Answer 1

$978.50

Explanation:

The monthly payment for property tax is ...

($1854/year) × (1 year)/(12 months) = $1854/12 /month = $154.50 /month

Then the total of property tax and loan payment is ...

$154.50 +824 = $978.50

The combined monthly payment is $978.50.