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Katrina, age 16, is claimed as a dependent by her parents.During 2012, she earned $5,600 as a checker at a grocery store.Her standard deduction is $5,900 ($5,600 earned income + $300).
CPU
The Central Processing Unit, often considered the main element of a computer, is responsible for executing the majority of computations within the system.
Interest Rate
The cost of borrowing money or the return on investment, typically expressed as a percentage of the principal for a given period.
Bond
A fixed income instrument that represents a loan made by an investor to a borrower, typically corporate or governmental, where the borrower agrees to pay back the principal plus interest.
Future Value
The predicted amount of money that an investment will grow to at a particular point in the future, considering a specified rate of growth or return.
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