41) To prepare a budget, should begin with A) latest one the bank C) year\'s tax

Question

41) To prepare a budget, should begin with A) latest one the bank C) year's tax return last 41) B) most recent income statement 42) If you D) all of the above your are an unmarried taxpayer, with at least one child or dependent A) ing status should be head of household living with you. 42) B) surviving spouse single married filing separately E) none of the above then fund that raises money from investors, pools that money, and invests in stocks/bonds or other investments. 43 43) A A) Brokerage fund B) Credit unio Do Mutual fund rival 4) Which of the following item DOES NOT influence your credit score? A) Your payment history. B) The amount you owe and your available credit. c) Your monthly income. D Types of credit you used. 45) 45) The significance of compounded interest is. A) The present value of the interest is more than the future value of the interest. B) Interest is paid on interest. Interest is paid on the original sum only. D) None of the above is true. 46) APR stands for 46) A) allowable percentage reach alternative pricing resource D) another product recall 4) The major financial advantages of home ownership are A) low down payment and low interest. B) permanent address and low monthly payments. oprice appreciation and tax benefit. D) all of the above.

Explanation / Answer

41) To prepare a budget, one should begin with all of the above (Option D). 42) If you are an unmarried taxpayer, with at least one child or dependent living with you, your filing status should be single. 43) A Mutual Fund is a fund that raises money from investors, pools that money, and then invests in stocks/bonds or other investments. 44) Types of credit used does not influence your credit score. 45) The significance of compounded interest is interest is paid on interest. 46) APR stands for annual percentage rate. 47) The major financial advantages of home ownership are all of the above.

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