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Consider the following information about the Smiths' 2021 taxes. They purchased a home in January 2016 for $250,000. They financed $200,000 at 3.5% over 20

Consider the following information about the Smiths' 2021 taxes. They purchased a home in January 2016 for $250,000. They financed $200,000 at 3.5% over 20 years. How much mortgage interest did the Smiths pay in 2021

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