Ilan and her brother Trung both own homes valued at $175,000. Both pay property taxes at 1.25% and pay annual taxes of $2,187.50. They live in different neighborhoods. Van's property value is expected to increase by 5% next
year. Trung's property value is expected to increase by 3%.
How will these changes affect their property taxes? Check all that apply.
O Van's property tax will increase.
Trung's property tax will be less than Van's.
O Trung's property tax will decrease compared to Van's.
u Van's property tax will be less than Trung's.
O Trung's property tax will increase.