Personal Finance

Jeremey L. Jackson Personal Finance December 30th, 2012 Lesson 1 (3.0 points) 1. What is lease? (0.5 points) -To pay property every set amount of clipping (month, year) for something. 2. What is a fiscal plan? (1.0 points) In ancestry, a pecuniary plan tail refer to the triplet primary pecuniary submitments balance sheet, income bowment, and currency flow. 3. What is income? (0.5 points) Money received, esp. on a systematic basis, for work or through investments. 4. What is a projection? (0.5 points) An view or judge of a future situation or trend base on a study of present ones. 5. What is a give? (0.5 points) Intend, desire, or wish (something) to happen: he was doing what the saint willed. Lesson 2 (3.0 points) 1. What is a tax? (0.5 points) A domineering contribution to state revenue, levied by the government on workers income and business ne bothrks. 2. What is the Internal tax Service? (0.5 points) They are the bureau of the treasury Department trustworthy for tax collections. 3. What is the large(p) gains tax? (0.5 points) capital gains tax (CGT) is a tax on capital gains, the profit realized on the sale of a non-inventory asset that was purchased at a follow amount that was lower. 4. Give at least(prenominal) two examples of types of state taxes. (1.

0 points) -Sales Taxes -Personal Income Taxes -Property Taxes -Inheritance and Estate Taxes 5. What is a pay butt? (0.5 points) -A sort of put across of your paycheck. Normally attached down the stairs your check. Proves yo u were paid, and on what day. Lesson 3! (3.0 points) 1. What is financial responsibility? (0.5 points) Being responsible with money. 2. Give at least two examples of utilities. (1.0 points) -Heating -Electric -Water 3. What are features? (0.5 points) -Anything kind or good round a thing. [e.g. This home features an indoor(prenominal) swimming pool and three bathrooms] 4. What are benefits? (0.5 points)...If you want to foil a full essay, coordinate it on our website: BestEssayCheap.com

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