A fixed amount that is deducted for each person claimed on a tax return

		Capital Loss
		Adjusted Gross Income
		Head of Household
		Personal Exemption

Selling an asset for less than one paid for it

		Personal Exemption
		Capital Loss
		Depreciation
		Adjusted Gross Income

It is January 1st. Your boss promises you a $3,000 Christmas bonus this year, payable on December 31st. The expected inflation rate this coming year is 3%. How much purchasing power will the $3,000 lose in the coming year?

		$31.82
		$90.00
		$120.00
		$248.52

Which of the following is not true about a fixed-rate mortgage?

		Most common is set for 15 or 30 years
		Fixed-rate payment will feel less expensive over time
		A fixed rate is typically lower than an adjustable-rate mortgage
		rate doesn't change