This quiz: 13 point(s) possible This question: 1 point(s) possible Question 9 of 13 Submit quiz Find the taxable income. Use $4000 for each exemption. Number of exemptions Adjusted gross income Itemized deductions 2 $98070 $8581 . $81 ,489 . $89,489 . $80,908 . $90,070 E Quiz: Exam 6 - Unit 6 (Chapter 16 & 20) Question 1 of 13 This quiz: 13 point(s) possible This question: 1 point(s) possible Submit quiz Find the monthly mortgage payment. Question list K - X Purchase Price of Home Down Payment Interest Rate Years Monthly Payment Table $87,200 $0 6.25% 20 Question 1 Click the icon to view the monthly payment of principal and interest table Monthly Payment of Principal and Interest per $1,000 of Amount Financed O Question 2 Years Annual interest rate financed 4.00% 4.25% 4.50% 4.75% 5.00% 5.25% 5.50% 5.75% O A. $624.35 10 10.12 10.24 10.36 10.48 10.61 10.73 10.85 10.98 O Question 3 12 8.76 O B. $537.15 8.88 9.00 9.12 9.25 9.37 9.50 9.63 15 7.40 7.52 7.65 7.78 7.91 8.04 8.17 8.30 O C. $637.43 17 6.76 6.89 7.02 7.15 7.29 7.42 7.56 7.69 20 6.06 6.19 6.33 6.46 6.60 6.74 6.88 7.02 O D. $747.30 22 5.70 5.84 5.97 6.11 6.25 6.39 6.54 6.68 O Question 4 25 5.28 5.42 5.56 5.70 5.85 5.99 6.14 6.29 30 4.77 4.92 5.07 5.22 5.37 5.52 5.68 5.84 35 4.43 4.58 4.73 4.89 5.05 5.21 5.37 5.54 Question 5 6.00% 6.25% 6.50% 6.75% 7.00% 7.25% 7.50% 7.75% 11.10 11.23 11.35 11.48 11.61 11.74 11.87 12.00 9.76 10.02 10.15 10.28 10.42 10.55 10.69 8.57 8.71 8.85 8.99 9.13 9.27 9.41 O Question 6 7.83 7.97 8.11 8.25 8.40 8.54 8.69 8.83 7.16 7.31 7.46 7.60 7.75 7.90 8.06 8.21 6.83 6.98 7.13 7.28 7.43 7.59 7.75 7.90 6.44 6.60 6.75 6.91 7.07 7.23 7.39 7.55 6.00 6.16 6.32 6.49 6.65 6.82 6.99 7.16 O Question 7 5.70 5.87 6.04 6.21 6.39 6.56 6.74 6.92 O Question 8 Print Done O Question 9 O Question 10 Next Cpter 16 & 20) Question 10 of 13 This quiz: 13 point(s) possible This question: 1 point(s) possible Submit quiz Georgia Huckabee has an adjusted gross income of $100,697 and itemized deductions that total $11,651. Georgia can claim 3 exemptions. What is her taxable income? (One exemption = $4000.) O A. $77,046 O B. $88,697 O C. $89,046 O D. $65,744apter 16 & 20) Question 5 of 13 This quiz: 13 point(s) possible This question: 1 point(s) possible Submit quiz Find the marked price and sales tax. Round to the nearest cent. Total Sale: $84.49 Sales Tax Rate: 7% O A. $79.71; $4.78 O B. $78.23; $6.26 O C. $78.96; $5.53 O D. $49.70; $34.79= Quiz: Exam 6 - Unit 6 (Chapter 16 & 20) Question 3 of 13 This quiz: 13 point(s) possible This question: 1 point(s) possible Submit quiz The Montgomerys borrowed $93,000 at 7.50% for 30 years to purchase a house. Find the total interest the Montomerys will pay if they pay the loan on schedule. Question list K Click the icon to view the monthly payment of principal and interest table. O Question 1 - X Monthly Payment Table O A. $129,642.00 O Question 2 O B. $154,417.20 O C. $141,025.20 Monthly Payment of Principal and Interest per $1,000 of Amount Financed O Question 3 O D. $146,716.80 Years Annual interest rate financed 4.00% 4.25% 4.50% 4.75% 5.00% 5.25% 5.50% 5.75% 10 10.12 10.24 10.36 10.48 10.61 10.73 10.85 10.98 O Question 4 12 8.76 8.88 9.00 9.12 9.25 9.37 9.50 9.63 15 7.40 7.52 7.65 7.78 7.91 8.04 8.17 8.30 17 6.76 6.89 7.02 7.15 7.29 7.42 7.56 7.69 20 6.06 6.19 6.33 6.46 6.60 6.74 6.88 7.02 22 5.70 5.84 5.97 6.11 6.25 6.39 6.54 6.68 Question 5 25 5.28 5.42 5.56 5.70 5.85 5.99 6.14 6.29 30 4.77 4.92 5.07 5.22 5.37 5.52 5.68 5.84 35 4.43 4.58 4.73 4.89 5.05 5.21 5.37 5.54 Question 6 6.00% 6.25% 6.50% 6.75% 7.00% 7.25% 7.50% 7.75% 10 11.10 11.23 11.35 11.48 11.61 11.74 11.87 12.00 9.76 9.89 10.02 10.15 10.28 10.42 10.55 10.69 8.44 8.57 8.71 8.85 8.99 9.13 9.27 9.41 17 7.83 7.97 8.11 8.25 8.40 8.54 8.69 8.83 O Question 7 20 7.16 7.31 7.46 7.60 7.75 7.90 8.06 8.21 22 6.83 6.98 7.13 7.28 7.43 7.59 7.75 7.90 25 6.44 6.60 6.75 6.91 7.07 7.23 7.39 7.55 30 6.00 6.16 6.32 6.49 6.65 6.82 6.99 7.16 O Question 8 35 5.70 5.87 6.04 6.21 6.39 6.56 6.74 6.92This quiz: 13 point(s) possible @ This question: 1 point(s) possible oter 16 & 20) Question 7 of 13 Submit quiz Find the property tax. Round to the nearest cent. Assessed value Tax rate $36,000 6.3% . $5,714.29 . $226.80 . $2,268.00 . $571.43 pter 16 & 20) Question 4 of 13 This quiz: 13 point(s) possible This question: 1 point(s) possible Submit qu Marc Banks paid $326.30 for round-trip tickets to Hawaii. He paid sales tax at a rate of 6.5%. How much tax did he pay? Round to the nearest cent. . . . O A. $21.21 O B. $24.47 O C. $17.95 O D. $212.10apter 16 & 20) Question 11 of 13 This question: 1 point(s) possible Submit quiz Use the table to find the federal income tax. Taxable income Filing status $29,547 Single Click the icon to view the tax table. - X O A. $3,968 Tax Table O B. $3,975 O C. $3,960 O D. $3,506 If line 43 f line 43 (taxable And you are- (taxable And you are- income) is- income) is- Single Married Married Head of At But Single Married Married Head of At But least less filing filing a least less filing filing than ointly sepa- house- than jointly sepa house- hold rately hold rately Your tax is- Your tax is- 29,000 36,000 29,000 29,050 3.893 3.431 3.893 3,696 36,000 36,050 4.943 4.481 4.943 4,746 29,050 29,100 3.900 3.439 3.900 3,704 36,050 36,100 4.950 4.489 4,950 4.754 29,150 3.908 3.446 3,908 3,711 36,100 36,150 4.958 4.496 4.958 4,761 29,100 29,200 3.454 4.504 3.915 3.915 36.200 4.965 29,150 3,719 36,150 4.965 4,769 4.511 29.200 29,250 3.923 3.461 3923 3,726 36.200 36.250 4.973 4.973 4,776 3.930 4.980 4,519 4.980 4,784 29,250 29.300 3.930 3.469 3,734 36.250 30,300 29,300 29,350 3 938 3.476 3.93 3,741 36,300 36,350 BB6 1 4.526 4.988 4.791 29,350 29.400 3.945 3.484 3.945 3,749 36.350 36.400 4.995 4.534 4.995 4,799 29,400 29.450 3 953 3.491 3.953 3,756 36,400 36.450 5 003 4.541 5.003 4.806 29.450 29.500 3.960 3.499 3.960 3.764 36,450 36.500 5,010 4.549 5,010 4,814 29,500 29.550 3.968 3,506 3.968 3,771 36.500 36.550 5.018 4.556 5,018 4,821 29,550 29,600 3.975 3.51 3.975 3,779 36,550 36,600 5.025 4.564 5.025 4 829 29,600 29,650 3 983 3.521 3.983 3,786 36.600 36,650 5,033 4.571 5.033 4.836 29,650 29,700 3.990 3.529 3.990 3.794 36.650 36.700 5.040 4.579 5,040 4 844 29,700 29,750 3.998 3.536 3.99 3.801 36,700 36.750 5048 4.586 5.048 4 851 4.859 29,750 29,800 4.006 3.544 4.006 3,809 36,750 36,800 5.055 4.594 5.065 4.866 29,800 29.85 4.013 3.551 4.013 3.816 36.800 36,850 6.063 4,601 5.063 29,850 29,900 4.020 3 559 4.020 3.824 36,850 36.900 5,070 4,609 5.070 4.874 29,900 29,950 4,028 3.56 4,028 3,831 36,900 36,950 5.078 4.616 5.078 4,881 30,000 4.035 3-574 36,950 37,000 4,624 5,085 4,889 29,950 4.035 3,839 5,085 Next= Quiz: Exam 6 - Unit 6 (Chapter 16 & 20) Question 2 of 13 This quiz: 13 point(s) possible This question: 1 point(s) possible Submit quiz Chelsea Donahue has a 20-year home mortgage of $83,000 at 7.50% interest and will pay $528 annual insurance premium. Her annual property tax will be $1532. Find her monthly PITI Question list K payment. Click the icon to view the monthly payment of principal and interest table. O Question 1 - X Monthly Payment Table O Question 2 O A. $840.65 O B. $814.92 O C. $668.98 O Question 3 O D. $941.08 Monthly Payment of Principal and Interest per $1,000 of Amount Financed Years Annual interest rate financed 4.00% 4.25% 4.50% 4.75% 5.00% 5.25% 5.50% 5.75% O Question 4 10 10.12 10.24 10.36 10.48 10.61 10.73 10.85 10.98 12 8.76 8.8 9.00 9.12 9.25 9.37 9.50 9.63 15 7.40 7.52 7.65 7.78 7.91 8.04 8.17 8.30 17 6.76 6.89 7.02 7.15 7.29 7.42 7.56 7.69 O Question 5 20 6.06 6.19 6.33 6.46 6.60 6.74 6.88 7.02 22 5.70 5.84 5.97 6.11 6.25 6.39 6.54 6.68 25 5.28 5.42 5.56 5.70 5.85 5.99 6.14 6.29 30 4.77 4.92 5.07 5.22 5.37 5.52 5.68 5.84 4.43 4.58 4.73 4.89 5.05 5.21 5.37 5.54 O Question 6 6.00% 6.25% 6.50% 6.75% 7.00% 7.25% 7.50% 7.75% 11.10 11.23 11.35 11.48 11.61 11.74 11.87 12.00 9.76 9.89 10.02 10.15 10.28 10.42 10.55 10.69 Question 7 8.44 8.57 8.71 8.85 8.99 9.13 9.27 9.41 7.83 7.97 8.11 8.25 8.40 8.54 8.69 8.83 7.16 7.31 7.46 7.60 7.75 7.90 8.06 8.21 6.83 6.98 7.13 7.28 7.43 7.59 7.75 7.90 O Question 8 6.44 6.60 6.75 6.91 7.07 7.23 7.39 7.55 6.00 6.16 6.32 6.49 6.65 6.82 6.99 7.16 5.70 5.87 6.04 6.21 6.39 6.56 6.74 6.92apter 16 & 20) Question 12 of 13 This quiz: 13 point(s) possible This question: 1 point(s) possible Submit quiz Dr. Henry Kril is filing his tax as a head of household. His taxable income is $217,991 and his W-2 form shows he has already paid $57,858. Calculate his tax refund or payment. Round to the nearest cent. Click the icon to view the tax computation - X Tax Computation Worksheet 2015 Tax Computation Worksheet-Line 44 O A. $2,314.72 refund Section A-Use if your filing status is Single. Complete the row below that applies to you. O B. $5,978.97 payment Tax. (c) Subtract (d) from (c). Enter O c. $7,978.30 payment Taxable Income. Multiply [d) the result here and on Form 1 line 43 is Enter the amount from line 43 Multiplication amount (atby (h) Subtraction amount 10140, lute 44 O D. $5,978.97 refund At least $100 000 bat not over $189.300 S 28% (0.28) $ 6.928.75 Over $189,300 but not over $411,500 * 339% (0.33) $ 16,393.75 Over $411.500 but not over $413,200 x 35% (0.35) 5 24.623.75 Over $413,200 x 39.6% (0.396) $ 43,630.95 Section B-Use if your filing status is Married filing jointly or Qualifying widow(er). Complete the row below that applies to you. Tax. Subtract (d) from [c). Enter the Taxable income. (a) (b) Multiply (J) result here and en Form 1040, If line 43 is pount from line 43 Multiplication amount (a) by (b) At least $100,000 but not over $151.200 $ x 25% (025) $ 8,412.50 Over $151.200 but not over $230,450 x 28%% (G.28) $ 12.948 30 Over $230,450 but not over $413.500 * 33% 10 33) $ 24.471.00 Over $411,500 but not over $464,850 x 35%% (035) $ 32.701.00 Over $464,8SO x 30 654 10 396) $ 54 084 10 Section C-Use if your filing status is Married filing separately. Complete the row below that applies to you. Tas. subtract (d) from (c) Emser Taxable income. (b) Multiply the result here and on Form If line 43 is Enter the amount from line 43 Multiplication amount (a) by (6) Subtraction amount 1040, line 44 At least $100,000 but not over $1 15.225 x 28%% (0.28) $ 6,474.25 Over $1 15,225 hut not over $205,750