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27 February, 20:15

Adrian and Keena are purchasing a home worth $458,900. They made a down payment of 18% and finance the remainder. If they must pay 0.4% for intangible taxes what is the total amount of the intangible tax? (show work)

A = $3304.08

B = $1505.19

C = $826.02

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Answers (1)
  1. 27 February, 20:27
    0
    Amount financed

    458,900-458,900*0.18

    =376,298

    intangible tax

    376,298*0.004

    =1,505.19
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