Cards in this guide (28)
Are Morgan Stanley money market checking accounts FDIC insured
What is the definition of a shared tax
A tax the state creates and collects.
What institution insures individual banking accounts
minimum check-writing fee
What is the goal of accreditation agencies
To ensure that education in institutions meets certain
standards
Sonya wants to know how much her annual take-home pay will be after she pays FICA taxes totaling 7.65 percent on an annual salary of 36590
Her annual take-home pay will be 33790.87.
Calculate the simple interest you would receive in five years on a savings account that earns 7.5 percent annual interest What if your beginning balance is 1236.59
Sherry had an ending balance of 125.36 outstanding deposits of 153.53 and outstanding checks of 100.19 What was her checkbook balance
Angela wants to calculate her take home pay she earns 1377 monthly she pays federal tax of 200 state tax of 41.31 and 7.65 percent in fica tax what is angelas monthly net pay
.0765 x 1377 =105.3405
1377 - 105.34 - 200 - 41.31
= 1030.35
Kenneth is having a terrible time balancing his checkbook He had outstanding checks that totaled 323.14 an ending balance of 232.54 and outstanding deposits of 125.98 His checkbook register bal
Outstanding Checks = $323.14
Current Bank Balance = $232.54
Outstanding Deposits = $125.98
Final Balance = Current balance + Outstanding deposits -
outstanding checks
= 232.54 + 125.95 - 323.14
= 35.35
The final balance on Kenneth's account will be $35.35
If Patty is taking out a simple interest loan to buy her new 10689 car How much would she pay in interest it the rate is 4.5 percent and she pays the loan off in 4 years
She will pay $1,924.02 in interest.
What is a best description of a tax rate
It is the percentage at which tax is levied.
What groups can the federal government not place taxes on
The federal government does not tax state and local governments
and tax-exempt organizations such as churches and charities.
Which of these should represent the smallest portion of your budget
Which of these occurs when a person misrepresents the value of a tradable item or never completes the agreed upon trade
What best describes the person who oversees the reading of your will and ensures your last wishes are followed
What type of retirement account is generally established to help individuals meet long term goals
What does not belong in the miscellaneous category
Questions that can be categorized belong in the closest category
for that subject. Other questions are harder to categorize and are
in Miscellaneous until they are assigned a category.
Which of these is a type of savings account that is designed to accrue interest for a specific period of time
What describes an installment loan
Installment loans require monthly payments to pay the loan.
What is a Form W-2
a record of the annual tax contributions made by an
individual
What describes discount loans
They require the interest to be paid first.
If money supply growth exceeds the growth of the overall economy what will be the result
At what age can a person no longer contribute to a traditional IRA
The fdic was created after the Great Depression with the passage of which act
At what age must a person begin receiving their Roth 401 k payments
This is the Reed family budget. How much discretionary income does the family have each month
In which of the following are individuals guaranteed by an insurance company to earn a minimum interest rate on their investment
When This is the monthly budget for the reed family. What percentage of expenses is spent on utilities
Divide the utility expense by the monthly budget. Multiply the
result by 100.
