A Property Has an Assessed Value of 80% of Its

question 19

Multiple Choice

A property has an assessed value of 80% of its fair market value. If you were writing an Excel formula to calculate the assessed value of the property, what value would be used to multiply by the fair market value?

• A) 8
• B) 80
• C) 0.8
• D) 0.08

---

Definitions:

Selective Attention

The process by which a person focuses on one or a few select stimuli while ignoring others, allowing the individual to concentrate on important information.

Reticular Activating System

A network of neurons located in the brainstem that regulates wakefulness and sleep-wake transitions.

Alertness

The state of active attention and readiness to respond to stimuli, often considered a key component of consciousness.

Brain Areas

Specific regions of the brain that have distinct functions, such as the frontal lobes for decision making and the hippocampus for memory.