SOLUTION: john pays $650 in property tax. what is the assessed value of his property if property taxes are 1.2% assessed value. please break it down.

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Question 393933: john pays $650 in property tax. what is the assessed value of his property if property taxes are 1.2% assessed value. please break it down.
Answer by rfer(16322) About Me  (Show Source):
You can put this solution on YOUR website!
650/0.012=54,166.67