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MakcuM [25]
3 years ago
8

the butler county tax assessor determines that the market value of greg wilsons home is $123000. the rate of assessment in butle

r county is 28% of market value. What is the assessed value of gregs home?
Business
1 answer:
MrRa [10]3 years ago
7 0
In this case, the assessed value is 28% from the market value. So, we need to get 28% from $123,000.

Expressed in figures, we have;
*$123,000 x 0.28 = $34,440.

The assessed value of Greg's home is $34,440, which is 28% of $123,000.
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