Van 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. Van's property tax will increase. Trung's property tax will be less than Van's. Trung's property tax will decrease compared to Van's. Van's property tax will be less than Trung's. Trung's property tax will increase.
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