Banking
When someone has a loan and the interest rate doesn't fluctuate during that period of the loan
what is fixed interest
are excise taxes on things like cigarettes (true/false)
what is true
do your taxes change if you file married, single etc?(yes/no)
what is yes
what does red and blue mixed make
what is purple
Represents a person's creditworthiness with numbers
What is credit score
What a bank charges for its loans
What is interest rate
are excise taxes put on things like medicine? (true/false)
what is false
This type of tax is applied to the income earned by individuals in specific states or regions, in addition to federal taxes
What is state income tax
what are the three primary colors?
what is red,blue,yellow
A record of a borrower's responsible repayment of debt
What is credit history
A type of interest that is calculated annually on the amount you deposit or owe
What is simple interest
Are excise taxes put on something like high end art?(true/false)
what is true
levy imposed by governments on individuals and entities based on their income or profits.
What is income tax
what's the weather going to be tomorrow?
what is cloudy with a temp of 32-21
What does CD stand for
A type of banking that is specifically designed to be used on phones,computers,ect
what is mobile banking
A tax on things like luxury goods or a tax on things that the government wants to discourage purchases on
what is excise taxes
This tax is based on an individual's total income, including wages, and interest it is usually progressive in nature
What is a (federal) income tax
(also known as progressive tax)
Name a state with no income taxes
What is Alaska, Florida, Nevada, New Hampshire, South Dakota, Tennessee, Texas, Washington, and Wyoming
A tax on business revenue not including expenses
what is gross receipts tax
This term refers to the process where interest is added to the principal of a deposit or loan, so that each period's interest is based on the original principal plus the accumulated interest from previous periods.
what is compound interest
are excise taxes put on as a percentage of the purchase price or applied on a per-unit basis
what is per unit basis
What does IRS stand for
what is Internal Revenue Service
what is 3 to 4
when you pay of a item like a mattress you might pay it off using ______ because it's a big purchase and you can't pay it all at once
what is installment payments