contestada

Ian’s house and land have a market price of 225,000 and an assessed value of 55% of that amount.His state has a property tax rate of .088 how much does Ian pay in property taxes every year

Respuesta :

Answer:

C.

Step-by-step explanation:

The amount of property tax that Ian pays is $10,890.

What is property tax?

Tax is a compulsory sum of money levied on goods and services by the government. Property tax is the tax paid on property that is owned by an individual or group of individuals.

What is the property tax paid?

Property tax = tax rate x assessed value x market price

0.088 x 0.55 x 225,000 = $10,890

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