Question

Brandon purchased a home for $419,000. He made a 10% down payment and financed the remaining amount. The intangible tax is 0.2%.

Which of the following is the total amount of the intangible tax?
 
$838.00
$83,800.00
$754.20
$75,420.00

I am going to graduate, and this is one of the questions that has me stuck. The help would be greatly appreciated.

Answer 1

I tried, but I kept getting 7542...which isn't an answer choice.