Answer:
$3,999
Step-by-step explanation:
We are given the information that the assessed value of the house is $186,000 and the annual property tax rate is 2.15%.
To find the annual property tax cost, we would need to find 2.15% of $186,000. To do that, we simply multiply those two values together. Don't forget to change 2.15% to its decimal form (2.15% -> [tex]\frac{2.15}{100}[/tex] -> 0.0215).
$186,000 x 0.0215 = $3,999
This means that the annual property tax cost on the brown's house is $3,999.
