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Question 1 (1 point) When a house is purchased, there are a number of extra costs to pay. These costs are usually given as a

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Question 1 (1 point) When a house is purchased, there are a number of extra costs to pay. These costs are usually given as a percent of the selling price. Land-transfer tax: 0.9% Mortgage loan insurance premium: 2.85% Legal fees: 1.2% Building inspection: 0.28% Determine the total of these costs for a house with selling price $155 000

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