Question

Samantha pays $4,500 in propertytaxes. What is the assessed valueof her property if property taxesare 3.5% of assessed value? Roundyour answer to the nearest penny.

Answer 1

Answer128,571.43:

Explanation:

Answer 2

Assesed value is

`4500*(3.5)/(100)=157.5`

Hence the assesed value is $157.5