sowns73ozh0x5
sowns73ozh0x5 sowns73ozh0x5
  • 18-01-2020
  • Business
contestada

Which of the following statements is not correct on investment interest

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Officialalehpeter
Officialalehpeter Officialalehpeter
  • 18-01-2020

Answer:

Investment interest is interest paid on money borrowed to purchase or hold investment property. Investment interest is deductible as an itemized deduction to the extent of net investment income.

Typically, higher interest rates reduce investment, because higher rates increase the cost of borrowing and require investment to have a higher rate of return to be profitable. Private investment is an increase in the capital stock such as buying a factory or machine.

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