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Flura [38]
1 year ago
5

A townhouse is purchased for $475,000. If the transfer tax is $2.00 on the first $1,000. and $0.10 for each additional $100., ho

w much are the transfer taxes?
Business
1 answer:
masya89 [10]1 year ago
5 0

Based on the information given the amount of the transfer taxes is $476.

Using this formula

Total transfer tax=[(Purchased price+ First transfer tax)×(Additional tax)]+Transfer tax

Let plug in the formula

Total transfer tax=[($475,000-$1,000)×($0.10/$100)]+$2

Total transfer tax = ([$474,000 x .001] + $2)

Total transfer tax=$474+$2

Total transfer tax=$476

Inconclusion the amount of the transfer taxes is $476.

Learn more here:brainly.com/question/17122829

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ladessa [460]

Answer:

Number of barbers= 12 barbers

Explanation:

Giving the following information:

A barbershop produces 192 haircuts a day. Each barber in the shop works 8 hours per day and produces the same number of haircuts per hour. The shop’s productivity is 2 haircuts per hour of labor.

First, we need to calculate the total number of haircuts per barber:

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nadezda [96]

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