Asked by Shailee Woods on Jun 15, 2024
Verified
Nina owns a condominium where she paid $2,340 in maintenance fees this year.If her property taxes are 18% of this amount,how much did Nina pay in property taxes?
Maintenance Fees
Charges assessed to cover the costs of maintaining and improving property or equipment.
Property Taxes
Taxes assessed on real estate by a government, calculated based on the property's value.
- Determine property taxes based on specified percentages of other costs.
Verified Answer
CS
Learning Objectives
- Determine property taxes based on specified percentages of other costs.