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Fabian is purchasing a home for $89,500 and is financing 75% of it. The documentary stamp tax on the deed in his state is $0.70 per $100 or

portion thereof. How much will he pay for the documentary stamp tax?
a

Oc
Od
$469.88
$626.50
$958.93
$1278.57

User Sophonias
by
8.2k points

1 Answer

11 votes
Answer: C) $462.96
Hope this will helpful.
Thank you.
User Christin Jose
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