100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
WGU C957 APPLIED ALGEBRA FINAL OBJECTIVE ASSESSMENT 2022/2023 $18.49   Add to cart

Exam (elaborations)

WGU C957 APPLIED ALGEBRA FINAL OBJECTIVE ASSESSMENT 2022/2023

 6 views  0 purchase
  • Course
  • Personal finance chapter
  • Institution
  • Personal Finance Chapter

WGU C957 APPLIED ALGEBRA FINAL OBJECTIVE ASSESSMENT 2022/2023 1 / 11 WGU C957 APPLIED ALGEBRA FINAL OBJECTIVE ASSESSMENT 2022/2023 1. A local business is looking to become a franchise. The company wants to predict the number of franchises, F, given a certain number of years, Y. This predict...

[Show more]

Preview 1 out of 4  pages

  • November 2, 2024
  • 4
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • Personal finance chapter
  • Personal finance chapter
avatar-seller
gideonngari
personal finance chapter 3 & 4 test-
100% correct answers updated 2024-
2025
Gross vs. Net pay - CORRECT ANSWERS-gross = paycheck before taxes
net pay = paycheck after taxes

what are the 4 deductions from a paycheck? - CORRECT ANSWERS-1. federal income
taxes
2. state income taxes
3. social security taxes
4. Medicare taxes

what is a discretionary income? - CORRECT ANSWERS-money you have left over after
paying all your taxes (net income)

what is a cash flow statement? - CORRECT ANSWERS-the money that goes in and out
every month (aka income/expenses)

what is a budget - CORRECT ANSWERS-the plan for using money to meet wants and
needs

what is a surplus? - CORRECT ANSWERS-a positive cash flow. income - expenses =
positive cash flow

what is a deficit? - CORRECT ANSWERS-a negative cash flow. income - expenses =
negative cash flow

what are fixed expenses? - CORRECT ANSWERS-regular monthly payments
- pay yourself first
- rent or mortgage
- loan
- insurance, etc

what are variable expenses? - CORRECT ANSWERS-changes from month to month
- food
- clothing
- utility
- entertainment etc

what are the 2 ways to get out of deficit? - CORRECT ANSWERS-- spend less
- make more

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

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

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

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 gideonngari. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $18.49. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

81113 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
$18.49
  • (0)
  Add to cart