Paula's house is assessed at $213,000, and her property tax rate is 2.9%. How
much does she pay per month in property taxes?
A. $514.75
B. $3088.50
C. $6177.00
D. $1544.25

Paulas house is assessed at 213000 and her property tax rate is 29 How much does she pay per month in property taxes A 51475 B 308850 C 617700 D 154425 class=

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Answer:A

Step-by-step explanation:

She is taxed at a rate of 2.9%, so each year she is taxed 213000 * 2.9% . calculating this, we find that every year, she must pay 6177 in taxes. However, we need the amount in a month, so we divide by 12, to get 6177/12= 514.75, or A

The answer is option A $514.75

How do I figure out property tax rate?

The most straightforward way to calculate an effective tax rate is to divide the income tax expense by the earnings (or income earned) before taxes. Tax expense is usually the last line item before the bottom line—net income—on an income statement.

She is taxed at a rate of 2.9%, so each year she is taxed 213000 * 2.9% . calculating this, we find that every year, she must pay 6177 in taxes.

Paula's house assessed at =$213000

property tax rate =2.9%

Each year she is taxed 213000*2.9%=$6177 taxes

However, to calculate per month in property tax =$6177/12= $514.75

Learn more about property tax rate: https://brainly.com/question/11662058

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