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Instructions: Identify the following. Be as specific as possible, and include names, dates, and relevant facts as appropriate. Be sure to explain the significance of the person or term.
Gerald Ford
Insurance Premiums
The amount paid by an individual or business for insurance coverage, typically charged monthly or annually.
Deducted
The process of subtracting an amount from a total, especially from taxable income or expenses.
Insurance Premiums
Payments made regularly to an insurance company in exchange for coverage.
Dependent
An individual who relies on another, typically a family member, for financial support and can often be claimed for tax purposes.
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