Julie and Alex have compiled their financial records and would like to know if they are living within their level of income. What is their surplus? ​ Salaries $48,000 Interest income $1,200 Food expenses $10,500 Rent $14,400 Clothing costs $3,600 Auto expenses $4,200 Recreation $4,800 Miscellaneous expenses $3,400

You may want to buy a service contract for peace of mind, but it is generally unwise economically.

It is especially important to use “key phrases” when preparing your résumé because

Collateral is pledged as security for repayment of a loan.

Miako has just applied for a credit card that offers a 1.9 percent interest rate for 12 months. At the end of 12 months, the interest rate will be “prime plus 9 percent.” Which of the following characteristics does this card have?

Inflation is defined as a steady rise in the general level of prices.

The main purpose of a cover letter is to indicate a desired a salary.

Dan just received a $2,000 end-of-year bonus from his employer. If he pays a 25 percent marginal tax rate for federal income taxes, his state income tax is 5 percent, and the Social Security tax rate is 7.65 percent, approximately how much of the $2,000 bonus will Dan have left to spend on holiday gifts?

A flexible spending account is an employer-sponsored account that allows employee-paid expenses for medical or dependent care to be paid with employee’s pretax dollars rather than after-tax income.

The tax rate paid on your last dollar of income is called the average tax rate.