Question

What is the assessed valuation of a house with a $67,170 market value and a 49 percent assessment rate?

Answer 1

Had to look for the missing options and here is my answer.

Given that the market value of the house is $67,170 and it has a 49 percent assessment rate, the assessed valuation of this house would be $32,913. So how we got this amount is that we multiplied 0.49 by 67,170 and we got 32,913.3. Hope this answers your question.