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The tax on a property with an assessed value of $90,000 is $1,200 what is the assessed value of a pr...
4 months ago
Q:
The tax on a property with an assessed value of $90,000 is $1,200 what is the assessed value of a property if the tax is $2,200
Accepted Solution
A:
Use a proportion.
90,000/1,200 = x/2,200
1,200x = 2,200 * 90,000
1,200x = 198,000,000
x = 165,000
The assessed value is $165,000.