4
QuizMultiple Choice

Sales and Property Taxes — Quiz

Question 4 • Financial Math

A homeowner is comparing property taxes on a house valued at $⁢300,000 in two different counties. County X has a property tax rate of 1.1% , while County Y has a property tax rate of 1.5% What is the difference in annual property taxes between the two counties?

Answer
A
3 dollars comma 000
B
1 dollars comma 800
C
1 dollars comma 200
D
450 dollars
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