Question 2 • 26-27 Ignite Financial Literacy Personal Finance - EL3403
Sarah pays $48 × 12 = $576 per year. Her home’s value contains $223,050 ÷ $100 = 2,230.5 units of $100, so the annual cost per $100 is $576 ÷ 2,230.5 ≈ $0.26. The correct choice is $0.26.
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