Mortgage payments:Can be completely deducted from income for tax purposes.Vary from month to month on a fixed rate loan.Represent high principal payments early in the term of the loan.Are typically tax deductible to the extent that they represent payment of interest.
The highest denomination of U.S. currency is:The $20 billThe $100 billThe $1,000 billThe $100,000 bill
The strength of economic growth in the United States is reported as changes in the:The Gross Domestic Product (GDP).The National Association of Securities Dealers Index (NASDAQ).The Dow Jones Industrial Average (DJIA).The Wealth Index of Investments and Inflation (WIII).
Long-term care insurance:Is only for the very elderly.Can help protect assets from the cost of a nursing home stay.Is not necessary since Medicare always covers long-term care.Is always available regardless of your past health history.
A limit order:Is used to protect a profit if it is a limit order to buy.Is used to execute a sell at a specific price or lower if possible.Is an order to buy or sell at a specific price or better and can be good till canceled.Is an order to be executed at the best price available and is not known until after confirmation is received.
The P/E ratio:Is the same for all firms in a given industry.Does not change over time.Is typically higher for firms whose earnings are expected to grow rapidly.Is the same as the dividend yield.
For most Americans, taxes are due on:January 1.April 1.April 15.December 31.
The number of stocks that make up the Dow Jones Industrial Average is:5,000.500.30.10.