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Pierre has a credit card used exclusively for his unincorporated consulting business. During the current year, he pays $2,000 in interest, a $95 annual fee,

Pierre has a credit card used exclusively for his unincorporated consulting business. During the current year, he pays $2,000 in interest, a $95 annual fee, and $150 in late charges. What is his interest deduction for the current year?

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