Home Ownership: Rent Versus Own $-$ Part $1($Static$)$

Required:

a$.$ What is the effective tax rate in Year $4$ if Jack and Diane rent; own?

b$.$ What is the projected property tax on the home in Year $7?$

c$.$ What is the State Tax Deduction for Year $5$ if Jack and Diane own?

d$.$ How much Mortgage Interest is paid by Jack and Diane over the $10$ year period?

Complete this question by entering your answers in the tabs below.

Required $A$

Required $B$

Required $C$

Required $D$

What is the effective tax rate in Year $4$ if Jack and Diane rent; own?

$\backslash$table$[[$Rent:$],[$Own:$]]$