In 2015 Mario Earned $9,000 in Net Investment Income and Incurred

question 121

Multiple Choice

In 2015 Mario earned $9,000 in net investment income and incurred $14,000 of investment interest expense.Mario paid off the loan in early 2016 so he only paid $2,000 of investment interest expense in 2016.He earned $10,000 of net investment income in 2016.How much investment interest expense can Mario deduct in 2016?

• A)$2,000
• B)$10,000
• C)$7,000
• D)$0

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Definitions:

Standard Deviation

A gauge for determining the extent of fluctuation or diversity in data points around the central value.

Scores

Quantitative assessments that represent the outcomes or achievements of individuals based on performance or measurement criteria.

Variance

A measure of the dispersion of a set of data points around their mean value, demonstrating how spread out the data points are.

Standard Deviation

An indicator of the spread or variability among a set of numbers, showing the degree to which these numbers vary from their average.