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