financial algebra foolproof review
how much money will you need for retirement
A good guideline is 80% of your working income
Financial credit
One way that lenders businesses in employers may judge individuals trustworthiness and when financial credit is an arrangement for you to pay at a later date loans and credit cards are forms of credit
regressive taxation
The sales tax you pay when you're when you fill your car up with gas is regressive
what is the main risk you face when you buy stocks as investments
The value of your investment fluctuates with the profits in with losses of the company and you
debt to income ratio
how much money you owe in total versus how much you make
risk based financing
let's you determine The amount you can afford to pay for something on a monthly basis
progressive taxation
people who can afford to pay more should pay more to allow the government to help less fortunate people
false
risk based financing is illegal and cannot be used by companies
W-2
tax form that is given to me by my employer each tax year to show my earnings in taxes withheld
principal
the original money invested
true
the sales tax you pay when you gas up your car is regressive
compound interest
when you earn interest on the interest you've already made
sales tax
you buy a computer from electronic store. What type of tax you pay
secured debt
you owe your financial institution $1500 on your used car loan