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Question 5 2 pts Federal income tax is a type of O regressive tax flat rate tax O progressive tax Question 6 2 pts You plan to save $150,000 in 10 years to pay for down payment and closing costs. Expected annual return on your savings is 5%. You need to save $_ every year to reach the goal. Use the Basic Financial Calculator from www.dinkytown.net E> to find the amount. https://www.dinkytown.net/java/basic-financial-calculator.html O 19,426 15,000 11,926 13,085Question 7 2 pts Which of the following is the recommended percent distribution of your budget to 'must-haves,' 'the other things,' and the savings and debt payments, respectively? 0 33.3/33.3/33.3 0 50/30/20 0 20/40/40 0 80/15/5 Question 8 2 pts Your credit core is based on which of the following factors: 0 length of your credit history 0 how often you've applied for new credit 0 the types of credit you currently use 0 all of the factors mentioned 0 your payment track record Question 9 2 pts Which of the following will give the most tax savings? A B C Tax benefit type $4,000 deduction $6,000 deduction $2,000 tax credit Marginal tax bracket 35% 10% 20% OA O B OC Question 10 2 pts Which one the following forms is for you to change tax withholding from your paycheck? Ow- 2 Ow-4 schedule A O Form 1040