Janica's monthly mortgage payment was $900 last year, and on average, 13% of each payment was interest. if janica itemizes deductions on her federal income tax return, how much can she deduct for mortgage interest?
a)$1404
b)$1017
c)$75
d)$117

The amount deduct for mortgage interest was $1,404

A is correct.

Step-by-step explanation:

Janica's monthly mortgage payment was $900 last year.

Average interest of each payment was 13%

We need to find deduction for income tax on interest for mortgage.

As we know deduction calculate on year.

Monthly Payment = $900

Yearly Payment = 900 x 12 = $10,800

Average interest = 13%

Interest on payment = 13% of 10800

Hence, The amount deduct for mortgage interest was $1,404

62.5 paisa

step-by-step explanation:

4000*70 = 280000

280000-(2000*90) = 100000

4000-2400 = 1600

100000/1600 = 62.5

( give brainliest)

{3 + i, 3 - i, 3, -1}

step-by-step explanation: