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This is Ben's budget. Use his budget to determine the answer to the following question: I. Calculate the amount of tax Ben owes monthly using
This is Ben's budget. Use his budget to determine the answer to the following question: I. Calculate the amount of tax Ben owes monthly using the tax rate of 25%. Monthly Income Monthly Expenses ITEM AMOUNT ITEM Column1 AMOUNT Income Source 1 $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
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