To find the assessed value of Robert's house, we need to divide the annual property tax by 1/100.
The assessed value is $1,400.00 divided by 1/100.
$1,400.00 ÷ 1/100 = $1,400.00 × 100/1 = $140,000.00
Therefore, the assessed value of Robert's house is $140,000.00.
The annual property tax on Robert's house is $1,400.00, calculated as 1/100 of the assessed value of the house. What is the assessed value of Robert's house?
1 answer