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Japan Home Loan Tax Deduction (住宅ローン控除) Knowledge Check

Sharpen your japan home loan tax deduction (住宅ローン控除) skills with algorithmically generated problems. Each attempt produces unique values to test your formula knowledge.

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You and your spouse bought a home using a pair loan with a total year-end balance of 80 million yen. If your ownership split is registered as 60%, what is your individual share of the loan balance (in yen) used to calculate your tax deduction?

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