It is currently 21 Mar 2018, 19:09

### GMAT Club Daily Prep

#### Thank you for using the timer - this advanced tool can estimate your performance and suggest more practice questions. We have subscribed you to Daily Prep Questions via email.

Customized
for You

we will pick new questions that match your level based on your Timer History

Track

every week, we’ll send you an estimated GMAT score based on your performance

Practice
Pays

we will pick new questions that match your level based on your Timer History

# Events & Promotions

###### Events & Promotions in June
Open Detailed Calendar

# Under the 1986 tax law, interest payments on a refinanced

Author Message
Senior Manager
Joined: 05 Jun 2008
Posts: 294
Under the 1986 tax law, interest payments on a refinanced [#permalink]

### Show Tags

30 Dec 2008, 08:00
00:00

Difficulty:

(N/A)

Question Stats:

0% (00:00) correct 0% (00:00) wrong based on 0 sessions

### HideShow timer Statistics

Under the 1986 tax law, interest payments on a refinanced home loan are deductible only if the amount of the loan does not exceed the purchase price of the home, the cost of improvements, and any additional amount borrowed against the home to pay for medical or educational expenses.
(A) any additional amount borrowed against the home to pay for medical or educational expenses
(B) borrowing any additional amount against the home for payment of medical or educational expenses
(C) also borrowing any additional amount against the home to pay for medical or educational expenses
(D) any additional payment of medical or educational expenses that were borrowed against the home
(E) any additional payment borrowed against the home for medical or educational expenses

--== Message from GMAT Club Team ==--

This is not a quality discussion. It has been retired.

If you would like to discuss this question please re-post it in the respective forum. Thank you!

To review the GMAT Club's Forums Posting Guidelines, please follow these links: Quantitative | Verbal Please note - we may remove posts that do not follow our posting guidelines. Thank you.
SVP
Joined: 29 Aug 2007
Posts: 2453

### Show Tags

30 Dec 2008, 11:03
vivektripathi wrote:
Under the 1986 tax law, interest payments on a refinanced home loan are deductible only if the amount of the loan does not exceed the purchase price of the home, the cost of improvements, and any additional amount borrowed against the home to pay for medical or educational expenses.

(A) any additional amount borrowed against the home to pay for medical or educational expenses
(B) borrowing any additional amount against the home for payment of medical or educational expenses
(C) also borrowing any additional amount against the home to pay for medical or educational expenses
(D) any additional payment of medical or educational expenses that were borrowed against the home
(E) any additional payment borrowed against the home for medical or educational expenses

A. parallel and logical comparision "any additional amount" as well.
B/C are easily cancelled.
D has illogical comparision "any additional payment". It is also in passive.
It is illogical to say, in E, "any additional payment borrowed against.....".

A should be it.
_________________

Gmat: http://gmatclub.com/forum/everything-you-need-to-prepare-for-the-gmat-revised-77983.html

GT

Senior Manager
Joined: 08 Nov 2008
Posts: 276

### Show Tags

30 Dec 2008, 22:11
IMO- A ..
Post subject: Re: SC-interest payments

vivektripathi wrote:
Under the 1986 tax law, interest payments on a refinanced home loan are deductible only if the amount of the loan does not exceed the purchase price of the home, the cost of improvements, and any additional amount borrowed against the home to pay for medical or educational expenses.

(A) any additional amount borrowed against the home to pay for medical or educational expenses
(B) borrowing any additional amount against the home for payment of medical or educational expenses
(C) also borrowing any additional amount against the home to pay for medical or educational expenses
(D) any additional payment of medical or educational expenses that were borrowed against the home
(E) any additional payment borrowed against the home for medical or educational expenses

--== Message from GMAT Club Team ==--

This is not a quality discussion. It has been retired.

If you would like to discuss this question please re-post it in the respective forum. Thank you!

To review the GMAT Club's Forums Posting Guidelines, please follow these links: Quantitative | Verbal Please note - we may remove posts that do not follow our posting guidelines. Thank you.

_________________

"CEO in making"

Re: SC-interest payments   [#permalink] 30 Dec 2008, 22:11
Display posts from previous: Sort by