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OpenStudy (anonymous):
Flint is purchasing a home for $115,750 and is financing 85% 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? $1405.54 $1653.57 $688.71 $810.60
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OpenStudy (anonymous):
i'm not sure whether to multiply the stamp tax by $115,750 or by 85% of that amount...
OpenStudy (anonymous):
$1,405.54
OpenStudy (anonymous):
i think
OpenStudy (anonymous):
really? could you tell me how you found that?
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