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What is lee taxable interest

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Problem 1: Lee had municipal bond interest of $6,000, certificate of deposit interest of $4,000, corporate bond interest of $2,000, mutual fund municipal bond interest of $8,000, and savings account interest of $1,000. What is Lee's taxable interest?

a. $16,000

b. $7,000

c. $20,000

d. $3,000

Reference no: EM132812009

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