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?
Total assessed value =. 84500 + 182125
Therefore market value = 266625 / 0.39
Answer: $ 683653. 85. OR. Approx.. $ 683654
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