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1. A person is insolvent when he or she doesn't have enough current income to pay all of his or her current bills. a true

1. A person is insolvent when he or she doesn't have enough current income to pay all of his or her current bills.

a true

b false

2. Bonuses given by employers must be reported to the IRS on your income tax return.

a T

b F

3 The interest rate you earn on your checking and savings account can vary with the amount you have in the accounts.

a T

b F

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