EMI

This topic has expert replies
Legendary Member
Posts: 1578
Joined: Sun Dec 28, 2008 1:49 am
Thanked: 82 times
Followed by:9 members
GMAT Score:720

EMI

by maihuna » Mon Jun 29, 2009 11:17 am
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
Charged up again to beat the beast :)
Source: — Sentence Correction |

Master | Next Rank: 500 Posts
Posts: 117
Joined: Wed May 13, 2009 7:41 am
Thanked: 5 times

IMO

by kc_raj » Mon Jun 29, 2009 11:22 am
IMO A

amount is correct word, payment is incorrect in D, E

B, borrowing, C, also borrowing is not parallel

leaving A as correct choice

User avatar
Legendary Member
Posts: 575
Joined: Tue Nov 04, 2008 2:58 am
Location: India
Thanked: 18 times
Followed by:4 members
GMAT Score:710

Re: EMI

by rahulg83 » Mon Jun 29, 2009 11:24 am
maihuna 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
parallelism, purchase price...cost...additional amount... Hence A
B, C OUT
D medical or educational expenses that were borrowed ?? wrong modifier
E changes the meaning IMO, better stick with the original
OA?

• Page 1 of 1