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Mr. and Mrs. Baker's property is assessed at 45% of its market value of $120,000. How much is the assessed value?

Mr. and Mrs. Baker's property is assessed at 45% of its market value of $120,000. How much is the assessed value?
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5 votes
Mr. and Mrs. Baker's property is assessed at 45% of its market value of $120,000. How much is the assessed value?

User OncoEMRJohn
by
8.2k points

1 Answer

3 votes

Answer: $54,000

Explanation:

$120,000 x 0.45 = $54,000

User Wstk
by
8.3k points
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