Real Estate Math
A Massachusetts property sells for $675,000. The deed excise tax at $4.56 per $1,000 is:
A$3,078.00✓ Correct
B$3,078.50
C$2,916.00
D$3,240.00
Explanation
Deed excise tax = $675,000 / $1,000 × $4.56 = 675 × $4.
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