Question

Scenario: Noah and Olivia 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 Noah and Olivia be required to pay in property tax per year? A)$15 B)$150 C)$1,500 D)$15,000

Answer 1

Answer:

1,500

Explanation:

1% equals 1 divided by 100

1 divided by 100 is 0.01

0.01 times 150,000 euals 1500

Answer 2

Based on the tax rate and the value of the home, the amount of property tax that Noah and Olivia should pay is C. $1,500.

What amount will Noah and Olivia pay?

This can be found by the formula:

= Property tax x Value of home

Solving gives:

= 1/100 x 150,000

= 150,000 / 100

= $1,500

Find out more on property tax at https://brainly.com/question/13887483.

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