Answer:
The tax on this property is [tex]3750[/tex] dollars
Explanation:
Given
Tax on per $100 is $2.50
Tax on every $1 is [tex]\frac{2.5}{100} = 0.025[/tex] dollars
Tax on property of value $150,000 is
[tex]150,000 * 0.025 = 3750[/tex] dollars
The tax on this property is [tex]3750[/tex] dollars
