QUESTION 2 Suppose 25% of his salary is taken out for taxes. How much tax does Tim pay each month? QUESTION 3 Compute Tim's monthly take home pay. This is his net pay, the actual amount available to Tim from his paycheck. QUESTION 7 If Tim does not have good credit, he will be able to finance the mortgage amount at 7%, compounded monthly for 30 years. How much will his monthly mortgage payment be? QUESTION 8 The bank offers a different scenario where he finances the mortgage amount at 6.5%, compounded monthly for 15 years. How much will his monthly mortgage payment be? QUESTION 9 Tim does not have good credit, so he decides to go with 15 year loan. How much will his monthly mortgage payment be? QUESTION 1 0.5 Tim's salary is $60,000 a year. This is his gross yearly salary, his salary before taxes is deducted. What is his gross monthly income? 5000 0.5 points QUESTION 2 Suppose 25% of his salary is taken out for taxes. How much tax does Tim pay each month? QUESTION 3 0.5 points Compute Tim's monthly take home pay. This is his net pay the actual amount available to Tim from his paycheck. QUESTION 4 0.5 points Click Save and Submit to save and subit. Click Save All Ansters to save all anners