In the community of Borg, the market value of a home is $080,000. If the assessment rate is 45%, the assessed value is:
A) $542,857
B) $292,308
C) $85,500
D) $85,505
E) None of these

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The Answer of In the community of Borg, the market value of a home is $080,000. If the assessment rate is 45%, the assessed value is:
A) $542,857
B) $292,308
C) $85,500
D) $85,505
E) None of these

In the Community of Borg, the Market Value of a Home