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Jim has a house payment of $2,250 per month of which $1,913 is deductible interest and real estate taxes with the remaining $337 representing a
Jim has a house payment of $2,250 per month of which $1,913 is deductible interest and real estate taxes with the remaining $337 representing a repayment of the principal balance of the note. Jim's marginal tax rate is 25 percent. What is Jim's after-tax cost of his house payment? If required, round your final answer to the nearest dollar. O a. $478 b. $2,166 O c. $84 d. $1,772 Oe. Some other amount
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