Answer:
Therefore, The correct option is D. 0.069
Step-by-step explanation:
Amount of the money paid in the state property taxes every year = $2849.84
The property owned has an assessed value.
Now, the assessed value of the property is $41302
We need to find the state's property tax rate.
[tex]\text{So, State's property tax rate = }\frac{\text{state's property tax}}{\text{assessed value}}\\\\\text{State's property tax rate = }\frac{2849.84}{41302}\approx 0.069[/tex]
Therefore, The correct option is D. 0.069
