Stock Market
Income Taxes
Ind. Living
Budget
Retirement
100
Pictorial information on stocks from a day's worth of data to multi-year data trends.
What is a stock chart?
100
Document used to report income to the government
What is a tax return?
100
A written agreement between the landlord and a tenant.
What is a lease?
100
The difference between a person's assets and that person's liabilities.
What is net worth?
100
_________ __________ pays benefits to retired workers.
What is Social Security?
200
A corporations profit that is split among shareholders.
What is a dividend?
200
A tax that increases as income increases.
What is progressive tax?
200
A loan taken out by people to purchase a home.
What is a mortgage?
200
A person's debts or amount that is owed.
What are liabilities?
200
___________ taxes fund a health insurance program to provide benefits to people ages 65 and older to hep pay for medical care and prescription drugs.
What is medicare?
300
A ______________ occurs when one moving average crosses over another.
What is a crossover?
300
Expenses that lower the amount of taxable income
What are deductions?
300
a person who rents a house or an apartment.
What is a tenant?
300
Monthly liabilities: $2000
Monthly income: $8000
What is your debt-to-income ratio?
What is 2000/8000, or 25%?
300
The maximum taxable income for Social Security is $140,000. The tax rates is 6.2%. What is the maximum anyone could pay into Social Security?
What is $8,680?
($140,000)(.062) = $8,680
400
Trixey bought 1,000 shares for $12/share. Six years later sold it all for $20/share. How much money did he make?
What is $8,000?
(20-12)(1000) = $8,000
400
What would be your tax if single, income $97,642?
What is $17,605?
400
If 5 hrs of PACKING (P) and 4 hrs of LOADING (L) costs $700, what is an equation to represent this?
What is 5P + 4L = $700?
400
You switch cell phone companies and save $100. if you used to pay $200, what is your percent savings?
What is 50%?
$100/$200 = 50%
400
Your employer matches your 401(k) contributions at a rate of $0.75 per dollar you contribute, up to a max of your first $10,000 you contribute. How much will your employer contribute?
What is $7,500?
(10,000)(.75) = $7,500
500
Home Depot has an annual dividend of $0.90. If you own 4,000 shares, how much did you receive annually in dividends?
What is $3,600?
(4000)(0.90) = $3,600
500
Social Security is 6.2% of income. If Ann pays $6200 in social security, what is her income?
What is $100,000?
($6,200)/(0.062) = $100,000
500
If you purchase a house for $300,000 and pay $2,000/month mortgage, what will be the total interest you pay after 30 years?
What is $420,000?
(2000)(12)(30) = 720,000
720,000 - 300,000 = $420,000
500
If $130 is budgeted for water (13%), what is the total monthly utility bill?
What is $1,000?
(total)(0.13) = $130
total = $130/0.13 = $1,000
500
If your monthly pension of $1000 has a 5% cost of living adjustment, what will be your new monthly pension?
What is $1,050?
(1000)(1.05) = $1,050