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GoodMad_ GoodMad_
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7 years ago
Your annual mortgage payments are $10,000 of which $8,000 represents interest payments, your marginal tax rate is about 30%, and you itemize deductions. Home ownership will reduce your tax payments by about how much?
A) $5,600
B) $7,000
C) $2,400
D) $3,000
Textbook 
Personal Finance: An Integrated Planning Approach

Personal Finance: An Integrated Planning Approach


Edition: 8th
Author:
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imoyseimoyse
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