Finance
In Minnesota, the Mortgage Registry Tax (MRT) rate for residential mortgages is approximately:
A$1.65 per $500 of mortgage amount
B$0.23 per $100 of mortgage amount✓ Correct
C$1.00 per $1,000 of mortgage amount
D$0.50 per $100 of mortgage amount
Explanation
The Minnesota Mortgage Registry Tax is imposed at $0.23 per $100 of the mortgage amount (0.
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