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In short, this is the cost of money.
What is interest rate?
This is the value of what you give up by choosing one option of another.
What is opportunity cost?
This is the debt ratio for someone who had liabilities totally $25,000 and a net worth of $25,000
What is 1?
These federal taxes are withheld from employee paychecks
What are FICA and Income taxes?
These four NBA teams DO NOT end with the letter S.
Who are the Jazz, Magic, Thunder & Heat
This mathematical device helps investors identify how long it will take to double their money.
What is the rule of 72?
This term may be defined by the change in the worth of money.
What is the Time Value of Money?
These are four common ways to improve your net worth.
What are decrease spending, increase savings, pay down debts, and inherit property?
This tax is collected on specific goods that are typically detrimental to the environment or individuals' health
What is excise?
Dave Grohl was the drummer for this 90s grunge band
Who is Nirvana?
An economic increase in prices
What is inflation?
This is the initial amount of money deposited into an investment.
What is Principal?
Income after taxes have been deducted is referred to as this.
What is disposable income?
This tax funds the Social Security & Medicare programs
What is FICA?
Troy Bolton is played by this teen heartthrob.
Who is Zac Efron?
Bond is to Debt Security as Stock is to this.
What is Equity Security?
Saving for retirement is an example of this type of financial goal?
What is long term
Remaining income after all cost of living expenses (including taxes) have been paid.
What is discretionary income?
FICA is taxed at this percentage if you are self-employed.
What is 15.3%
This major motion picture was accidentally announced as the winner of Best Picture at the Oscars
What is La La Land?
These are the four risk premiums of interest.
What is Length of Time, Interest Rate, Inflation, & Credit Rating
Principal plus interest earned equals this.
What is future value?
An electric bill is classified as this when creating a budget.
What is variable?
After itemizing tax credits, deductions, and exemptions, an individual's final income tax is calculated off of this amount.
What is Adjusted Gross Income?
This is the name of Gryffindor's ghost
Who is Nearly Headless Nick?