A community for students.
Here's the question you clicked on:
 0 viewing
anonymous
 3 years ago
Franklin is purchasing a home for $82,107 and is financing 80% of it. The documentary stamp tax on the deed in his state is $0.70 per $100 or portion thereof. How much will he pay for the documentary stamp tax?
$1,172.90
$938.30
$575.40
$459.70
anonymous
 3 years ago
Franklin is purchasing a home for $82,107 and is financing 80% of it. The documentary stamp tax on the deed in his state is $0.70 per $100 or portion thereof. How much will he pay for the documentary stamp tax? $1,172.90 $938.30 $575.40 $459.70

This Question is Closed

anonymous
 3 years ago
Best ResponseYou've already chosen the best response.0The home costs $82,107. 80% of that is being financed. How much is being financed? Next: The tax is $0.70 per $100 OR PORTION THEREOF. How many portions of $100 are there in 80% of $82,107? Then multiply that number by $0.70 and you have your answer.
Ask your own question
Sign UpFind more explanations on OpenStudy
Your question is ready. Sign up for free to start getting answers.
spraguer
(Moderator)
5
→ View Detailed Profile
is replying to Can someone tell me what button the professor is hitting...
23
 Teamwork 19 Teammate
 Problem Solving 19 Hero
 Engagement 19 Mad Hatter
 You have blocked this person.
 ✔ You're a fan Checking fan status...
Thanks for being so helpful in mathematics. If you are getting quality help, make sure you spread the word about OpenStudy.