Question: Question 5 ( 1 0 points ) Last year, Tony paid $ 1 , 1 0 0 in mortgage interest, $ 3 , 1 0

Question 5(10 points)
Last year, Tony paid $1,100 in mortgage interest, $3,100 in mortgage principal, and $2,000 in property taxes. Based on his taxable income, his average income tax rate is 19.5%, and his marginal income tax rate is 24%.
If Tony itemizes his deductions, he can save $ q, because of his real estate related expenses listed above.
Question 5 ( 1 0 points ) Last year, Tony paid $

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