9
QuizMultiple Choice

Sales and Property Taxes — Quiz

Question 9 • Financial Math

Two locations charge different property tax rates on a $⁢350,000 home. One charges 0.8% and the other charges 1.3% How much more in taxes would be paid in the location with the higher rate?

Answer
A
1 dollars comma 400
B
1 dollars comma 200
C
1 dollars comma 750
D
3 dollars comma 500
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Two locations charge different property tax…