Algebraic expression the price h of a house plus 10% property tax
1 answer:
Generally we pay h to purchase the house, and then each year must pay 10% of the value of the house in property taxes. We could write:
House owning costs = h + 0.10h = 1.10h.
Note that we'd not likely have to pay a tax on the property when you purchase it, except for relatively small fees such as "transfer tax."
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