When the his building property insurance is $652.50 per year, his house worth will be D. 145,000
From the information given, Floyd's brick house is located in the suburbs and his building property insurance is $652.50 per year.
Therefore, the worth of the house will be calculated below;
Let the worth of the house be represented by x
0.45% of x = 652.60
0.0045 × x = 652.60
0.0045x = 652.60
x = 652.60/0.0045
x = 145000
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