ajbrock418 ajbrock418

Today at 9:48 PM
Mathematics

Answered

If the tax rate on homes in Topeka, Kansas is 2.4 percent of their value and Bonnie owns a $100,000 house, how much will the real estate taxes add to her monthly mortgage payment?

Answer :

sqdancefan sqdancefan

Today at 9:54 PM

Answer:

$200

Step-by-step explanation:

The annual tax bill is ...

2.4% × $100,000 = $2,400

On a monthly basis, that is ...

$2400/(12 mo) = $200/mo

Taxes will add $200 per month to Bonnie's mortgage payment.

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