Taxes
You own a piece of property and receive a tax bill from the state each year.
Property Tax
Your credit limit is $1,000. What is the max you should ever owe on this card?
$800
Single, shares an apartment with roommates, doesn't own a car, is adventurous and has wanderlust.
What insurance should you have?
Renters health travel disability
"Liquidity" is
the amount of cash you have available to invest.
You buy a computer from a store. You pay tax on that purchase.
sales tax
Your credit limit is $2,500. What is the max you should ever owe on this card?
$2,000
the correct definition of a deductible
the amount of money you have to pay before the insurance pays
A key difference between saving and investing is
Saving is for emergencies & goals, investing is for long-term wealth
You are charged this tax by the federal government on your yearly pay.
income tax
is a high credit score good or bad?
Good
3. Married, retired, adult children and grandchildren don't depend on them financially, 1 car, likes to travel.
Health, auto, travel
Why is compound interest more beneficial than simple interest?
investors who take advantage of compound interest can see their money grow faster compared to those who don't.
You and a friend go to a clothing store. You have different incomes. You both end up paying five percent in sales tax.
This situation is:
regressive
If you have credit card debt than your credit score is
bad
Married, has 3 kids, owns a house and 2 cars.
what insurance should i have
Life, Auto, long term disability, health, auto
highest risk investment type?
Stocks
This business pays income taxes on the sales of its products each year.
Excice tax
Your credit limit is $3,000. What is the max you should ever owe on this card?
$2,400
This 25/50/15 policy will pay:
The relationship between risk and return can be stated as
higher potential returns are typically associated with higher levels of risk