tims salary is $45,000 a year. this is his gross yearly income, i.e. his salary for the entire year before…

tims salary is $45,000 a year. this is his gross yearly income, i.e. his salary for the entire year before taxes are deducted. if he makes $45,000 over the whole year, what is his gross monthly income?\nsuggestion: on a separate sheet of paper, write \job\ and this number. this will help you fill in the table at the end\n\nquestion 2\nsuppose 25% of his salary is taken out for taxes. how much tax does tim pay each month?\nrecord this number as: taxes\n\nquestion 3\ncompute tims monthly take - home pay. this is his net pay, i.e. the actual amount available to tim from his monthly paycheck after his monthly taxes are taken out.\nrecord this number as: total income

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