In the community of reese, the market value of a home is $180,000. the assessment rate is 35%. what's the assessed value? a. $63,000 b. $83,000 c. $66,000 d. $75,000

The correct answer option is A. $63,000

Step-by-step explanation:

We know that,

the market value of a home = $180,000

the assessment rate = 35%

and we are supposed to find the assessed value.

To find the assessed value, we will calculate 35% of the given market value of the home like shown below:

× $180,000

× 180000

Therefore, the assessed value of the home worth $180,000 market value is equal to $63,000.

quit

step-by-step explanation: