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business math homework help

Business & Finance
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james dean received a tax statement which shows that their land has an assessed value of $84500 and their buildings have an assessed value of $182125. the rate of assessment in their locality is 39%. what is the market value of their property? 

Apr 22nd, 2015

Total assessed value =. 84500 + 182125

                                  =. 266625

Therefore market value = 266625 / 0.39

                                      = 683653.85

Answer:   $ 683653. 85.  OR.  Approx..   $ 683654

Apr 22nd, 2015

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