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D Question 4 1 pts You have a 30-year mortgage that had a beginning balance of $325,485 and an interest rate of 2.62%. Your first

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D Question 4 1 pts You have a 30-year mortgage that had a beginning balance of $325,485 and an interest rate of 2.62%. Your first payment was on January 5. What is the value of your tax deduction over the first year (12 payments) if your marginal tax rate is 24.46%? Answer should be formatted as a dollar amount rounded to the nearest cent. D Question 5 1 pts Given the following information, calculate the effective tax rate expressed in mills. Market value of property, $360,864 Assessed value of property: 835/ of the market value, Exemptions: 56,635, Annual tax liability: 55,868.41 Answer should be formatted as a mill rate with two decimal places

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