Answer:
The amount owner pays in the property tax is $ 5000 .
Option (C) is correct .
Step-by-step explanation:
As given
If a home is valued at $250,000 and the property tax rate is 2 percent .
2% is written in the decimal form
\(= \frac{2}{100}\)
= 0.02
Equation becomes
Property tax = 0.02 × Value of home .
Put all the values in the above
Property tax = 0.02 × $ 250000
= $ 5000
Therefore the amount owner pays in the property tax is $ 5000 .
Option (C) is correct .
