tax vocab
what are taxes?
mandatory contributions levied on individuals or corporations by a government entity.
What are loans ?
a form of debt incurred by an individual or other entity.
What is a credit card?
a type of credit facility, provided by banks that allow customers to borrow funds within a pre-approved credit limit.
What is the biggest planet in the solar system?
Jupiter
When was Earth Day first celebrated?
1970
What is social security?
helps provide retirement income for elderly.
what is an installment loan?
individuals to borrow a predetermined amount of money, disbursed in a lump sum, that can be repaid over time..
What is bad credit?
if they have a history of not paying their bills on time or owe too much money
What percent of the Earth is covered with water?
71%
In "Harry Potter and the Sorcerer’s Stone," what keeps the three-headed dog asleep?
an enchanted harp
What does FICA stand for?
federal insurance contributions act.
what is a payday loan?
usually repaid in a single payment on the borrower's next payday, or when income is received from another source such as a pension or Social Security.
What is the best credit score number?
800-836
What can Cause a solar eclipse?
when the Moon passes between the Sun and Earth, casting the Moon's shadow on Earth.
What was the first state?
Delaware
What is income tax?
tax levied by a government directly on income, especially an annual tax on personal income.
What loan would you use for Your car?
secured or unsecured
If my credit was 400 Is that good credit or bad credit?
obviously its not.
Where can the Biosphere be found?
the parts of Earth where life exists—all ecosystems.
Where did the 2000 Summer Olympics take place?
Sydney, Australia.
Do you need a W4 tax form in Maryland?
yes.
What are the different loans?
personal loans, auto loans, student loans, mortgage loans, home equity loans, credit-builder loans, debt consolidation loans and payday loans
How do you find if you have good credit?
generally credit scores from 580 to 669 are considered fair; 670 to 739 are considered good.
Why does mercury have craters?
collisions with meteoroids and comets.
Sally ride.