Rick and Carol Ryan, Married Taxpayers, Took Out a Mortgage

question 7

Multiple Choice

Rick and Carol Ryan, married taxpayers, took out a mortgage of $160,000 when purchasing their home ten years ago. In October of the current year, when the home had a fair market value of $200,000 and they owed $125,000 on the mortgage, the Ryans took out a home equity loan for $110,000. They used the funds to purchase a sailboat to be used for recreational purposes. The sailboat does not qualify as a residence. What is the maximum amount of debt on which the Ryans can deduct home equity interest?

• A)$75,000
• B)$90,000
• C)$110,000
• D)$125,000
• E)None of the above

Recognize the importance of environmental factors and community infrastructure in disease prevention.

Understand the historical development of public health initiatives and their impact on community health.

Analyze the role of government and non-governmental organizations in the advancement of public health.

Identify key figures and their contributions to public health and nursing.

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Definitions:

Belongingness

A human emotional need to be an accepted member of a group, whether it is friends, family, or co-workers.

Competence

The ability to do something successfully or efficiently, often referring to a specific skill or set of skills.

Sexual Behavior

Actions or practices related to the expression of sexuality or sexual activity between individuals.

Promiscuity

Engaging in sexual behaviors with multiple partners without establishing a long-term commitment.