Personal Finance DSST Questions And Correct Answers |100% Verified |Guaranteed Success

It is the most widely reported index even though there are only thirty stocks on it - Dow Jones Industrial Average A benefit of renting; and you will not be tied to a home - Mobility Federal Reserve manages the _ policy of the United States - Monetary Usually offer higher interest rates because they are member owned - Credit Union magazines that provides objective information to help you decide what to buy prior to buying decision - Consumer Reports Tells the employer your withholding allowance in order to determine the amount taxes to be taken out of your paycheck - W-4 Incurred costs when using a credit card and are a good reason to avoid using credit cards - Finance costs Best life insurance policy because the couple needs a low payment, but also needs coverage. This will allow them to renew at a later time if they wanted to. - Guaranteed renewable term The best measure of the consumer cost of the loan , because it includes all the fees of the loan expressed as a percentage rate - Annual percentage rate Will pay a higher interest rate with the more money you have in the account. - Tiered account When a person dies automobile and jewelry are subject to_. - Probate A court-regulated process that requires a portion of debt to creditors. - Chapter 13 BankruptcyThe best person to get tax advice from. - CPA: certified public accountant Federal issued certificate that will give a better return than a savings account. - CD: Certificate of Deposit This is how long it will take for a CD to Double in value. - 12 years The amount of time negative credit information remains on your credit report. - 7 years A fee charged by many mutual fund companies in order to cover advertising expenses. - 12b-1 fee Medical coverage covering people ages 65 and older. - Medicare Health coverage for people with limited incomes. - Medicaid Supplemental insurance for Medicare. - Medigap Considered to still be property of the owner since it cannot be recalled at any time. Therefore income is taxable to the owner. - Revocable living trust