Business, 02.11.2020 16:50, abbypark0804

On January 1, 2016, your sister's pet supplies business obtained a 30-year amortized mortgage loan for $225,000 at a nominal annual rate of 7.0%, with 360 end-of-month payments. The firm can deduct the interest paid for tax purposes. What will the interest tax deduction be for 2016

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On January 1, 2016, your sister's pet supplies business obtained a 30-year amortized mortgage loan f...