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To increase his net worth, Jackson could:
Taxes she paid based on her income last year
Gasoline, food, and entertainment
When earning interest, look for low rates.
Late fees
Track his current income and expenses—if he has already created an Income and Expense Statement then he has completed this.
Maggie, because her net worth is higher than Samantha’s.
Sales tax on the shirt she purchased
increase his assets.
As Mariah was looking over her sales receipt for the shirt she bought at a retail store, she discovered that she was charged 6% more than the price tag showed for the item. What is this extra 6% charge most likely to be?
Taxes she paid based on her income last year
Gasoline, food, and entertainment
When earning interest, look for low rates.
Late fees
Track his current income and expenses—if he has already created an Income and Expense Statement then he has completed this.
Maggie, because her net worth is higher than Samantha’s.
Sales tax on the shirt she purchased
increase his assets.
Savings tools offered by depository institutions may earn interest. Which of the following statements is not true about interest?
Taxes she paid based on her income last year
Gasoline, food, and entertainment
When earning interest, look for low rates.
Late fees
Track his current income and expenses—if he has already created an Income and Expense Statement then he has completed this.
Maggie, because her net worth is higher than Samantha’s.
Sales tax on the shirt she purchased
increase his assets.
Maggie earns $62,000 per year and has a net worth of $20,000. Samantha earns $96,000 and has a net worth of $15,000. Who is wealthier?
Taxes she paid based on her income last year
Gasoline, food, and entertainment
When earning interest, look for low rates.
Late fees
Track his current income and expenses—if he has already created an Income and Expense Statement then he has completed this.
Maggie, because her net worth is higher than Samantha’s.
Sales tax on the shirt she purchased
increase his assets.
Common fees that may be charged by a depository institution include all of these except which one?
Taxes she paid based on her income last year
Gasoline, food, and entertainment
When earning interest, look for low rates.
Late fees
Track his current income and expenses—if he has already created an Income and Expense Statement then he has completed this.
Maggie, because her net worth is higher than Samantha’s.
Sales tax on the shirt she purchased
increase his assets.
Michael wants to develop a spending plan for himself to use during his final year of high school. What will he need to do as his first step?
Taxes she paid based on her income last year
Gasoline, food, and entertainment
When earning interest, look for low rates.
Late fees
Track his current income and expenses—if he has already created an Income and Expense Statement then he has completed this.
Maggie, because her net worth is higher than Samantha’s.
Sales tax on the shirt she purchased
increase his assets.
Chase has decided to work with a spending plan so he can build up an emergency fund for when he is in college. He learned in class that he could probably reduce his spending the most by looking at his noncontractual expenses. Which of his expenses be
Taxes she paid based on her income last year
Gasoline, food, and entertainment
When earning interest, look for low rates.
Late fees
Track his current income and expenses—if he has already created an Income and Expense Statement then he has completed this.
Maggie, because her net worth is higher than Samantha’s.
Sales tax on the shirt she purchased
increase his assets.
Erin and her mother are putting together an Income and Expense Statement for Erin to use as she applies for a college scholarship. Which income source does she not need to include for this statement?
Taxes she paid based on her income last year
Gasoline, food, and entertainment
When earning interest, look for low rates.
Late fees
Track his current income and expenses—if he has already created an Income and Expense Statement then he has completed this.
Maggie, because her net worth is higher than Samantha’s.
Sales tax on the shirt she purchased
increase his assets.
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