1) You are considering a home equity loan Your marginal tax bracket is 25% You want to borrow $30,000 and are quoted an APR of 10%. How much money would you save in taxes in the first year if you use the tax-deductible home equity loan? 2) Ronald is borrowing $20,000 using the discount method. His bank is offering him an annual percentage rate of 8.5% and he is taking out the loan for 24 months. How large of a check will Ronald receive from this loan when he leaves the bank? How much will be repay