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1 H&R Block Quiz With Correct Answers!!!
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1 H&R Block Quiz With Correct Answers!!!
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1 H&R Block Quiz With Correct Answers!!! Why is the Payroll Calculator helpful in determining the effect of a 401K contribution on net pay? - ANSWER 401(k) contributions reduce the federal tax owed. What minimum balance must be maintained in the emergency fund in order to earn the trophy? - ANSWER $500 How can a participant earn the Perfect Pay trophy? - ANSWER Pay all of their bills in full and on time. What happens if a participant overpays a vendor and needs the money to pay a different bill? - ANSWER The money will be refunded overnight if the participant requests a refund from the vendor. "Life expenditures" in the simulation, such as groceries, eat out meals, and entertainment is refl ected in monthly credit card charges. Approximately how much will these total each month in the simulation? - ANSWER $500 to $750 Debbie has utilized 95% of her available credit on her credit card. What will be her daily penalty at this level? - ANSWER 25 points Which is true about taking Budget Challenge quizzes? - ANSWER You may review the reading material while taking them.The benefits of buying summaries with Stuvia:
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