Real Estate Math
An Idaho home sells for $335,000. The county charges a transfer tax of $1.30 per $1,000. What is the transfer tax?
A$335.00
B$396.50
C$435.50✓ Correct
D$470.00
Explanation
Transfer tax = ($335,000 ÷ $1,000) × $1.30 = 335 × $1.
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