Two years ago, Elena purchased a condo. She has made some improvements on it, which increased the value of the property. Propert
y tax in her community is 1.25%. This table shows the value of Elena’s condo over the last three years. Value of property at purchase Value of property last year Value of property today $187,200 $188,550 $190,000 What can she expect to pay in property tax this year?
