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9 9. A taxpayer had municipal bond interest of $6,000, certificate of deposit interest of $4,000, reinvested cor- porate bond interest of $2,000, mutual

9 9. A taxpayer had municipal bond interest of $6,000, certificate of deposit interest of $4,000, reinvested cor- porate bond interest of $2,000, mutual fund municipal bond interest of $7,000 and savings account interest of $1,000. How much is taxable interest? A. $3,000 B. $7,000 C. $20,000 D. $16,000

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