Question
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?
Answers
GPT 3.5
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 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.