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OpenStudy (anonymous):
Ivar bought a house for $375,900. He obtained a mortgage for $332,450. The documentary stamp tax fee for mortgages in his state is $0.35 per $100 or portion thereof. How much did he pay for the documentary stamp tax?
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OpenStudy (anonymous):
1163.78??? idk what i just did :P
OpenStudy (anonymous):
\[.35\times \frac{332,450}{100}=.0035\times 332,450\]
OpenStudy (anonymous):
then a calculator
OpenStudy (anonymous):
looks like you get the answer above
OpenStudy (anonymous):
yay! :P
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