Question

if henry's home has a market value of $145,000 and the assessment rate is 35 percent, what is its assessed valuation? $24,225 $36,250 $50,750 $65,250

Answer 1

Answer: $50,750

Step-by-step explanation: To get the percentage of a number, you need to turn the percent into a decimal, then multiply it with the number you need the percentage of. 35% translates into 0.35. Then you would multiply 145,000 by 0.35, getting 50,750 as your answer!