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Author Question: Mingming is planning to purchase a new car and plans to borrow $15,000 to help finance the purchase. ... (Read 80 times)

sarasara

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on: Sep 13, 2020
Mingming is planning to purchase a new car and plans to borrow $15,000 to help finance the purchase. She has $50,000 of equity in her home so she is planning to take out a home equity loan. Mingming is in the 25% tax bracket. The bank is requiring an 8% interest rate on this loan. The car dealership has just announced a promotion lowering its interest rate on auto loans. In order for the auto dealership loan to be more attractive, the interest rate must be lower than
◦ 8%.
◦ 6%.
◦ 4%.
◦ 10%.
Federal Taxation 2017 Individuals ¦ Pope, Rupert, Anderson ¦ 30th Edition
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Marked as best answer by sarasara on Sep 13, 2020

Missbam101

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Reply #1 on: Sep 13, 2020
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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sarasara

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Reply 2 on: Sep 13, 2020
Great answer, keep it coming :)

atrochim

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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