D. 4,900
Calculation: $140,000 x 0.0035 = $4,900.
Property taxes are placed on the tax roll based on a property's assessed value. If a tax district has a tax rate of 0.35%, then what is the tax owed on a house with an assessed value of $140,000?
A. 49,000.0000000
B. 49
C. 490
D. 4,900
1 answer