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Maria is in the 33% tax bracket. Steve is in the 35% tax bracket. They each itemize their deductions and pay $20,000 in mortgage interest

Maria is in the 33% tax bracket. Steve is in the 35% tax bracket. They each itemize their deductions and pay $20,000 in mortgage interest during the year. Compare their true costs for mortgage interest.

Maria's true cost for mortgage interest is $

Steve's true cost for mortgage interest is $

.

.

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