Problema Solution
The tax on a property with an assessed value of $70,000 is $1,100. What is the assessed value of a property if the tax is $1,400?
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let x represent the assessed value of a property with a tax of $1,400
70,000 : 1,100 = x : 1,400
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x = $89,090.91
the assessed value of the property is $89,090.91.