Question

Brandon has purchased a home for $352,000. He made a 15% down payment and financed the remaining amount. The intangible tax is 0.4%. Which of the following is the total amount of the intangible tax?

a $140,800.00
b $1,408.00
c $119,680.00
d $1,196.80

Answer 1

so like a first step you need calcule the 15% of $352000

@XioGonz