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Pierre purchased a home in March of the current year. He finances $300,000 of the cost and pays three points to complete the purchase. During

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Pierre purchased a home in March of the current year. He finances $300,000 of the cost and pays three points to complete the purchase. During the year Pierre pays $5,000 of mortgage interest. What is Pierre's total deduction for interest? $4,000 $9.000 $14,000 $11,000 $5,000 Question 15.11 noint)

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