Answer:
The assessed value is 104379 and the assessed valuation is 85401.
Step-by-step explanation:
The market value of the house is $189,780.
The rate of assessment is 55%.
We have to find the assessed valuation of the house.
The assessed value of the house is
[tex]189,780\times \frac{55}{100}=104379[/tex]
The assessed valuation is
[tex]189,780-104379=85401[/tex]
Therefore the assessed value is 104379 and the assessed valuation is 85401.
