QUESTION 4 A credit card is considered which type of credit? CA Closed-end credit B. Open-end credit C. Home equity loan D. Secured credit QUESTIONS if you contribute $1,000 to a Traditional IRA for the current tax year and your marginal tax rate is 12%, then how much tax will you actually save? CA $1,000 B. 5120 $500 D. 567.50 QUESTION 6 Which type of income may be subject to Federal Income Tax? A Wages or Salary B. Interest income c. Dividends and Capital Gains D. All of the above IFTI