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Multiple Choice 12-23 (Algorithmic) Tax Planning (LO 12.7) Jim has a house payment of $2,675 per month of which $2,274 is deductible interest and real

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Multiple Choice 12-23 (Algorithmic) Tax Planning (LO 12.7) Jim has a house payment of $2,675 per month of which $2,274 is deductible interest and real estate awes the principal balance of the note. Jim's marginal tax rate is 15 percent. What is m's after-tax cost of his house payment nearest dollar a $341 b. $2,334 c. $2,615 d. $60 e. Some other amount

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