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mojhsa [17]
3 years ago
5

In Florida it is customary for the seller to pay the document tax on the deed. If the sale price is $115,000, how much will the

seller have to pay for the document tax?
Business
1 answer:
Dennis_Churaev [7]3 years ago
4 0

Answer:

805

Explanation:

The document tax which is to be paid by the seller in Florida on deed is $0.70 per $100 of the sale value.Based on this, the document tax on the sale price of $115,000 shall be calculated as follows:

Document tax=(Sale value/100)*0.70

Sale value=$115,000

Document tax=(115,000/100)*0.70

                       =1,150*0.70

                       =805

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3 years ago
If you deposited​ $100 now ​(nequals​0)and​ $200 two years from now ​(nequals​2)in a savings account that pays​ 10% annual​ inte
Natali5045456 [20]

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The correct answer is: "You would have $589 the end of year 10".

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