Question: Ted pays $ 2 , 1 0 0 interest o n his automobile loan. $ 1 2 0 interest o n a loan t o

Ted pays $2,100 interest on his automobile loan. $120 interest on a loan to purchase a computer for personal use. $630 interest on credit cards, and $1,100 investment interest expense. Ted
has net investment income of $800 Ted's deductible interest is:
A. $900
B. $3,200
C. $800
D. $1,100
Ted pays $ 2 , 1 0 0 interest o n his automobile

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