Question: How is forgone interest calculated? Question 13 options: a) Applicable Federal Rate (AFR) + FMV of loan = forgone interest. b) Applicable Federal Rate (AFR)

How is forgone interest calculated? Question 13 options: a) Applicable Federal Rate (AFR) + FMV of loan = forgone interest. b) Applicable Federal Rate (AFR) - interest actually payable = forgone interest. c) FMV of loan - gift = forgone interest. d) Interest actually payable - FMV of loan = forgone interest.

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