Prepare a simple budget for yourself. If your budget does not balance, make adjustments until it does. How much will you set aside for savings? Assume that you can set aside this same amount each month. Locate a savings planner tool and calculate your total savings after 12 months, at 6 percent interest, starting with $0 savings.

Text file named WorldSeriesWinners contains a chronological list of the World Series’ winning teams from 1903 through 2009. The first line in the file is the name of the team that won in 1903, and the last line is the name of the team that won in 2009. (Note the World Series was not played in 1904 or 1994. There are entries in the file indicating this.)

Write a program that reads this file and creates a dictionary in which the keys are the names of the teams, and each key’s associated value is the number of times the team has won the World Series. The program should also create a dictionary in which the keys are the years, and each key’s associated value is the name of the team that won that year.

The program should prompt the user for a year in the range of 1903 through 2009. It should then display the name of the team that won the World Series that year, and the number of times that team has won the World Series.

Use a spreadsheet program to create a budget template that could be used for a monthly and yearly budget. Use the categories shown in Figure 8.2. Insert formulas for calculating totals.

It is a good idea to prepare your taxes twice , once using Form $1040$EZ and once using Form $1040$. Explain your answer .

If you make simple math errors on your tax return, you may be targeted for an audit. What can you do to avoid this?

Explain a paper filing system and an electronic filing system. Why do you need backup copies in both systems?

Why would you prepare a net worth statement?

How are fixed expenses different from variable expenses?

Complete the form indicated to find the adjusted gross income, taxable income, tax due, and amount of refund or amount owed. Round all answers to the nearest whole number. Laurie Tenser is single and works in a clothing store. The following information was reported on her W-2 form: federal income tax withheld, $1,131.00; wages,$21,265.50; and state income tax withheld, $900. Laurie received$293 in interest from her bank account. Fill out a Form 1040EZ for Laurie.

What are the four elements of a binding contract? How is an express contract different from an implied contract?

Which type of tax (progressive, regressive, or proportional) is considered to be "fairer"? Which type of tax is considered to be less "fair"? Explain

Discuss the role of law in society, such as contract law governing the relationships between people. Explain why laws and rules are important, both in the establishment of and in the enforcement of agreements. What remedies are available to people when the other person in a contract breaches that contract?

Match the terms with the definitions.

a. consideration

b. contract

c. co-signer

d. counteroffer

e. database

f. negotiable

g. notarized

h. spreadsheet

i. warranty

__ A process that verifies the signature of a person who signs a document

What choices do you have if your budget doesn't balance? If you had to reduce your spending to balance your budget, which would you try to reduce first: fixed or variable expenses? Why?