document.write( "Question 1013209: the rate of tax on a house is 7.5% of assessed value. the assessed value is 80% of the market value.if the tax on a certain house is $12,000, what is its market value? \n" ); document.write( "
Algebra.Com's Answer #629515 by fractalier(6550) You can put this solution on YOUR website! Call x the market value of the house...then we have \n" ); document.write( "(.075)(.80)x = 12000 \n" ); document.write( "x = 12000 / (.075)(.8) = $200,000 \n" ); document.write( " |