Scenario: terrill and natalia want to buy a home valued at $150,000. the property tax in their community is 1 percent of the property's value per year. how much will terrill and natalia be required to pay in property tax per year? $15 $150 $1,500 $15,000

1,500 is the answer

$1,500

Explanation:

To calculate a 1% tax, you will multiply the home's value by the decimal equivalent of 1% which is .01

.01 *150,000 = $1,500

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