
Essentials Of Investments
11th Edition
ISBN: 9781260013924
Author: Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher: Mcgraw-hill Education,
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House Price: $364,000.00
Closing Cost: $9,500.00

Transcribed Image Text:(g) In Illinois, the Assessor's Office for the township you live in puts an assessed value on
your home each year. Assume your home is worth the exact price you purchased it for
(see your dataset for the value). The assessed value is 1/4 of market value. What is the
assessed value for your home? Round your final answer UP to the nearest whole number.
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