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The purchase price for a new home was $ 3 0 0 , 0 0 0 . The buyer put down 2 0 % and

The purchase price for a new home was $300,000. The buyer put down 20% and the balance was a mortgage for 80% of the purchase price. The appraised value at the time of closing was $$315,000 and the assessed value was $317,000. What will the buyer pay for one year's property taxes if the tax rate is 2.5%?
A.7500.
B.6000.
C. $7925.
D. $7880.

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