General Financial Literacy Course – Utah Questions and Correct Answers | Latest Update
2 views 0 purchase
Course
General Financial Literacy
Institution
General Financial Literacy
401K
-:- A qualified plan established by employers to which eligibl e
employees may make salary deferral (salary reduction) contributions on a
post-tax and/or pretax basis. Employers offering a 401(k) plan may make
matching or non-elective contributions to the plan on behalf of eligible
e...
✓ -:- A savings certificate entitling the bearer t o receive interest. A CD
bears a maturity date, a specified fixed interest rate, and can be issued in
any denomination. CDs are generally issued by commercial banks and are
insured by the FDIC. The term of a CD generally ranges from one month
to five years.
Charitable Contributions
✓ -:- In general, [money given to] a charitable organization that exists to
benefit society as a whole rather than to enrich individual owners or
shareholders.
Closing Costs
✓ -:- Closing costs are fees paid at the closing of a real estate
transaction. This point in time called the closing is when the title to the
property is conveyed to the buyer. Closing costs are incurred by either
the buyer or the seller.
Co-signers
4|P a g e | G r a d e A + | 2 0 2 0 2 5
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller TestTrackers. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $12.79. You're not tied to anything after your purchase.