the question is: a house worth $297,000 is assessed for 2/3 of its value. what is the assessed value

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Sep 11th, 2015

Thank you for the opportunity to help you with your question!

2/3 of its value = 2/3 x 297000

= $198,000

Please let me know if you need any clarification. I'm always happy to answer your questions.
Sep 11th, 2015

Can u please clarify that 

Sep 11th, 2015

The value of the house is $297,000

Accesing was done and found to be 2/3 of its value.

This means that the full value of the house is 3/3. The determined value after assessing was  2/3. We then multiply the value of the house with the fraction to get the

assessed

value.

Sep 11th, 2015

I got it thanks 

Sep 11th, 2015

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Sep 11th, 2015
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Sep 11th, 2015
Jun 26th, 2017
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