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Contents

Chapter 1 The Stock Market 2

1-1 Business Organization 4

1-2 Stock Market Data 9

1-3 Stock Market Data Charts 16

1-4 Simple Moving Averages 22

1-5 Stock Market Ticker 29

1-6 Stock Transactions 35

1-7 Stock Transaction Fees 40

1-8 Stock Splits 45

1-9 Dividend Income 51

Chapter 2 Modeling a Business 62

2-1 Interpret Scatterplots 64

2-2 Linear Regression 70

2-3 Supply and Demand 75

2-4 Fixed and Variable Expenses 80

2-5 Graphs of Expense and Revenue Functions 86

2-6 Breakeven Analysis 91

2-7 The Profi t Equation 97

2-8 Mathematically Modeling a Business 103

Chapter 3 Banking Services 114

3-1 Checking Accounts 116

3-2 Reconcile a Bank Statement 123

3-3 Savings Accounts 131

3-4 Explore Compound Interest 137

3-5 Compound Interest Formula 143

3-6 Continuous Compounding 150

3-7 Future Value of Investments 156

3-8 Present Value of Investments 161

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Chapter 4 Consumer Credit 172

4-1 Introduction to Consumer Credit 174

4-2 Loans 181

4-3 Loan Calculations and Regression 187

4-4 Credit Cards 193

4-5 Credit Card Statement 200

4-6 Average Daily Balance 206

Chapter 5 Automobile Ownership 216

5-1 Classifi ed Ads 218

5-2 Buy or Sell a Car 224

5-3 Graph Frequency Distributions 231

5-4 Automobile Insurance 238

5-5 Linear Automobile Depreciation 245

5-6 Historical and Exponential Depreciation 252

5-7 Driving Data 259

5-8 Driving Safety Data 268

5-9 Accident Investigation Data 274

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Chapter 6 Employment Basics 288

6-1 Look for Employment 290

6-2 Pay Periods and Hourly Rates 296

6-3 Commissions, Royalties, and Piecework Pay 303

6-4 Employee Benefi ts 310

6-5 Social Security and Medicare 316

Chapter 7 Income Taxes 326

7-1 Tax Tables, Worksheets, and Schedules 328

7-2 Modeling Tax Schedules 335

7-3 Income Statements 344

7-4 Forms 1040EZ and 1040A 352

7-5 Form 1040 and Schedules A and B 365

Chapter 8 Independent Living 382

8-1 Find a Place to Live 384

8-2 Read a Floor Plan 393

8-3 Mortgage Application Process 401

8-4 Purchase a Home 411

8-5 Rentals, Condominiums, and Cooperatives 422

Chapter 9 Planning for Retirement 436

9-1 Retirement Income from Savings 438

9-2 Social Security Benefi ts 447

9-3 Pensions 456

9-4 Life Insurance 464

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Chapter 10 Prepare a Budget 480

10-1 Utility Expenses 482

10-2 Electronic Utilities 489

10-3 Charting a Budget 496

10-4 Cash Flow and Budgeting 508

Appendix-2008 Tax Table 526

Glossary 539

Index 552

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