Assuming the valuation rate is the ratio of the assessed value
to the market value, one would calculate this by dividing the
assessed value ($90,000) by the valuation rate (0.3), which would
give the market value of $300,000.
Assuming the valuation rate is the ratio of the assessed value
to the market value, one would calculate this by dividing the
assessed value ($90,000) by the valuation rate (0.3), which would
give the market value of $300,000.
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A. $2,750
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The answer is $2,750
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More information is needed in order to answer your question.
1. What type of property? (e.g., real property, personal
property, other)
2. What data is incorrect? (e.g., characteristics of real
property or personal property)
#. What valuation if affected? (e.g., assessed value by local
assessor, appraised value by independent appraisers, insurable
value, etc.)
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The best likely word is "appraised." (This term is used in real
estate valuation.)
Similar words are assayed, evaluated, assessed, gauged, and
estimated.
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