Question

sales and property taxes
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?
$1,800
$450
$1,200
$3,000

Explanation:

Step1: Calculate tax for County X

Tax = House Value × Tax Rate
$\text{Tax}_X = 300000 \times 0.011 = 3300$

Step2: Calculate tax for County Y

Tax = House Value × Tax Rate
$\text{Tax}_Y = 300000 \times 0.015 = 4500$

Step3: Find tax difference

Difference = $\text{Tax}_Y - \text{Tax}_X$
$4500 - 3300 = 1200$

Answer:

$1,200$