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Miranda is in the 35% tax bracket. Steve is in the 22% tax bracket. They each itemize their deductions and qualify for a $14,500 mortgage

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Miranda is in the 35% tax bracket. Steve is in the 22% tax bracket. They each itemize their deductions and qualify for a $14,500 mortgage interest deduction. Compare their true cost for mortgage interest how does your answer change, l'd like most people in the 22% bracket, Steve does not itemize? Miranda's true cost for mortgage interest is \$ (Simplify your answer.)

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