Eduardo has purchased a home with an assessed value of $179,000. The property tax rate in his area is 2.3%. What is his monthly
tax payment?
A. 341.98
B. 348.67
C.343.08
D. 345.76
1 answer:
Answer:
C. 343.08
Step-by-step explanation:
Convert the tax rate into a decimal and multiply by the house price:
.023(179,000) = 4,117
Divide by 12 (to get monthly rate):
4,117/12 ≈ 343.08
Option C should be the correct answer.
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