Taxes Auto Insurance Interest Random

100

What is State withholding?
The amount the state takes out of your paycheck.

100

What is benefit?
The amount an insurance company pays to you or your beneficiary when you file a claim.

100

What is simple interest?
Interest paid or computed on the original principal only of a loan or on the amount in an account?

100

What is balance?
The amount of money that you are going to get interest on.

200

What is Federal withholding?
The amount that the Government hold from your paychecks.

200

What is claim?
The policyholder's request for the reimbursement of a loss covered by their insurance policy.

200

What is compound interest?
Interest computed on the sum or an original principal.

200

What is annual interest?
When you get money added to your balance every month.

300

What is Net Pay?
The amount of money that you get after your taxes have already been withdrawn.

300

What is endorsements?
These are changes to the original insurance contract. such as a additional car or driver.

300

What is APR?
Annual Percentage Rate.

300

What is actual cash value?
The cost to replace property minus the amount it has depreciated since the original purchase date.

400

What is Gross Pay?
The amount of money in your paycheck before taxes are withdrawn.

400

What is exclusions?
situations that are not covered by a given insurance policy.

400

What is CDs?
Certificates of deposits.

400

What is 135?
7% of 945.

500

What is the calculations for social security taxes?
Gross pay * 0.068

500

What is indemnity?
a predetermined sum paid for a covered loss.

500

What is interest?
A charge for borrowed money generally a percentage of the amount borrowed.

500

What is Tort?
A legal term that describes circumstances when someone is deemed legally responsible for injuring another person or damaging his or her property.

Jeopardy Assignment

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