Real Estate Math
A Massachusetts property sells for $560,000. What is the deed excise tax owed at $4.56 per $1,000?
A$2,352.00
B$2,553.60✓ Correct
C$2,480.00
D$2,800.00
Explanation
Deed excise = ($560,000 ÷ $1,000) × $4.56 = 560 × $4.
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