If the assessed value is $89,250 and the equalization factor is 1.25, what is the adjusted assessed value?

If the assessed value is $89,250 and the equalization factor is 1.25, what is the adjusted assessed value?

• A. $111,562.50
• B. $111,000
• C. $105,000
• D. $112,000

Answer: (A)

The concept here is applying the equalization factor by multiplying the assessed value to get the adjusted assessed value. Since the factor is 1.25, you’re increasing the value by 25%. Compute it: 89,250 × 1.25 = 89,250 × (5/4) = (89,250 × 5) / 4 = 446,250 / 4 = 111,562.50. So the adjusted assessed value is 111,562.50. The other options don’t match this multiplication by 1.25.

The concept here is applying the equalization factor by multiplying the assessed value to get the adjusted assessed value. Since the factor is 1.25, you’re increasing the value by 25%.

Compute it: 89,250 × 1.25 = 89,250 × (5/4) = (89,250 × 5) / 4 = 446,250 / 4 = 111,562.50.

So the adjusted assessed value is 111,562.50. The other options don’t match this multiplication by 1.25.