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In January of 2 0 2 2 , Mohammed contracted a student loan of $ 1 5 , 0 0 0 to be repaid over

In January of 2022, Mohammed contracted a student loan of $15,000 to be repaid over 5 years at a rate of 6%, compounded monthly. Payments are monthly. In addition, he incurred eligible moving expenses of $1,000, paid tuition of $5,000 and earned gross employment income of $22,300 in 2022. What are his total tax deductions? Round to the nearest dollar.
Select one:
a.
$6,828
b.
$1,828
c.
$1,000
d.
$6,000

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