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Mary bought an apartment at the price $ 2 5 0 , 0 0 0 on 1 / 1 / 2 0 2 4 using

Mary bought an apartment at the price $250,000 on 1/1/2024 using a zero-amortizing mortgage whose loan-to-value ratio equals 80%
The interest rate of of this mortgage equals 8% p.a. compounded monthly.
The property tax per year of this apartment equals 1% of its selling price.
Her marginal tax rate this year is 24%.
Buying this apartment will enable Mary to save $____ in tax this year.

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