Thursday
July 31, 2014

Homework Help: Math

Posted by Anonymous on Wednesday, October 3, 2012 at 5:55pm.

A residential property is assessed for tax purposes at 40% of its market value. The residential property tax is 3 1/3% of the assessed value and the tax is $1200.
a)What is the assessed value of the property?
b) What is the market value of the property?

Answer this Question

First Name:
School Subject:
Answer:

Related Questions

Math - Need urgent help! - A residential property is assessed for tax purposes ...
Business Finance - Pete's Warehouse has a market value of $5,000,000. The ...
business math - Pete’s Warehouse has a market value of $5,000,000. The property ...
business math - Pete's warehouse has a market value of $5,000,000, the property ...
finance - Knight has a property tax base with an appraised value consisting of $...
math - In Chicago, the tax on a property assessed at $550,000 is $7,700. If tax...
statistics - A building has a market value of $229,000.00. If it is assessed at ...
Math - Ms Perez owns 2 properties in different towns. The 1st property is ...
Math - 1. An assessment rate is 47%. The property tax is $39.94 per $1,000. What...
Math - What is the FCIA tax (assuming a 7.05% rate) on a weekly paycheck of $398...

Search
Members