Real Estate Math
A NH buyer pays $355,000 for a home. The NH transfer tax is $1.50/$100. What is the TOTAL transfer tax paid by both buyer and seller combined?
A$5,325✓ Correct
B$2,663
C$3,550
D$4,500
Explanation
Total transfer tax = $1.50 × ($355,000 / $100) = $1.
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