Real Estate Math
A property in Keene, NH sells for $242,000. The buyer pays their share of the NH Real Estate Transfer Tax. How much does the buyer owe?
A$3,630
B$1,815✓ Correct
C$2,420
D$1,210
Explanation
Buyer's transfer tax = $0.75 per $100 × ($242,000 / $100) = $0.
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