What is the assessed value of a property if the tax is $1 400?
I will set up my ratios with the assessed valuation on top, and I will use “v” to stand for the value that I need to find. Then: 98 000 000 = 1 100v 89 090.909 090 9… = v Since the solution is a dollars-and-cents value, I need to round the final answer to two decimal places: Copyright Elizabeth Stapel 1999-2009 All Rights Reserved The assessed value is $89 090.91. • One piece of pipe 21 meters long is to be cut into two pieces, with the lengths of the pieces being in a 2 : 5 ratio. What are the lengths of the pieces? I’ll label the length of the short piece as “x”. Then the long piece, being the total piece less what was cut off for the short piece, must have a length of 21 x. (short piece) : (long piece): 2 : 5 = x : (21 x) 2(21 x) = 5x 42 2x = 5x 42 = 7x 6 = x Referring back to my set-up for my equation, I see that I defined “x” to stand for the length of the shorter piece. Then the length of the longer piece is given by: 21 x = 21 6 = 15 Now that I’ve found both required values, I