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Monthly Income Monthly Expenses ITEM AMOUNT ITEM Column1 AMOUNT Income Source I $2,000.00 Rent $800.00 Cell phone $100.00 Groceries $200.00 Car payment $273.00 Auto expenses

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Monthly Income Monthly Expenses ITEM AMOUNT ITEM Column1 AMOUNT Income Source I $2,000.00 Rent $800.00 Cell phone $100.00 Groceries $200.00 Car payment $273.00 Auto expenses $120.00 Student loans $250.00 Credit cards $100.00 Auto Insurance $78.00 .Personal care $50.00 Entertainment $100.00 Miscellaneous $50.00 Calculate the amount of tax Ben owes monthly using the tax rate of 25%. v Calculate Ben's net take-home pay. Calculate Ben's total amount of monthly expenses. A. $1080.51 Calculate Ben's total net income. B. $500 Calculate his 20% down payment for this home. C. $2121 Scenario: Suppose Ben wants to buy a house for $251,599. D. $50319.80 For a 15-year mortgage, Ben gets a 4% interest rate. Calculate his monthly E. $1488.84 payments for this 15-year mortgage. F. $-621 G. $1500 Scenario: Suppose Ben wants to buy a house for $251,599. For a 30-year mortgage, Ben gets a 5% interest rate. Calculate his monthly payments for this 30-year mortgage

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