Real Estate Math
A Nevada property sells for $395,000. The transfer tax is $1.95 per $500 in Clark County. What is the total transfer tax?
A$1,540.50✓ Correct
B$1,560.00
C$1,540.00
D$1,326.00
Explanation
$395,000 / $500 = 790 units x $1.95 = $1,540.
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