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The answer in the book is 417 A single MS engineer started a new job at $70,000 and paid $3000 in interest on her student

The answer in the book is 417

A single MS engineer started a new job at $70,000 and paid $3000 in interest on her student loans last year. If she uses the federal tax deduction on stu- dent loan interest paid, what tax savings does this represent? 12A-20

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