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  2. Income tax in the United States - Wikipedia

    en.wikipedia.org/wiki/Income_tax_in_the_United...

    For federal individual (not corporate) income tax, the average rate paid in 2020 on adjusted gross income (income after deductions) was 13.6%. [1] However, the tax is progressive, meaning that the tax rate increases with increased income. Over the last 20 years, this has meant that the bottom 50% of taxpayers have always paid less than 5% of ...

  3. Adjustable-rate mortgage - Wikipedia

    en.wikipedia.org/wiki/Adjustable-rate_mortgage

    Definition X/Y Hybrid ARMs are often referred to in this format, where X is the number of years during which the initial interest rate applies prior to first adjustment (common terms are 3, 5, 7, and 10 years), and Y is the interval between adjustments (common terms are 1 for one year and 6 for six months).

  4. Tax refund - Wikipedia

    en.wikipedia.org/wiki/Tax_refund

    Optimally, a return should result in a payment owed of just less than the amount that would cause a penalty charge, which is 100% of the prior year's tax (110% for high income individuals), 90% of the current year's tax, or $1,000 for individuals who have direct withholding and do not pay estimated tax. In order to decrease the amount of the ...

  5. Affordable housing - Wikipedia

    en.wikipedia.org/wiki/Affordable_housing

    The definition of affordable housing may change depending on the country and context. For example, in Australia, the National Affordable Housing Summit Group developed their definition of affordable housing as housing that is "...reasonably adequate in standard and location for lower or middle income households and does not cost so much that a household is unlikely to be able to meet other ...

  6. Premium tax credit - Wikipedia

    en.wikipedia.org/wiki/Premium_tax_credit

    Federal Employees Health Benefits Program (FEHBP); Indian Health Service (IHS); Medicaid / State Health Insurance Assistance Program (SHIP); Medicare; Prescription Assistance (SPAP)

  7. Percentage - Wikipedia

    en.wikipedia.org/wiki/Percentage

    A pie chart showing the percentage by web browser visiting Wikimedia sites (April 2009 to 2012). In mathematics, a percentage (from Latin per centum 'by a hundred') is a number or ratio expressed as a fraction of 100.

  8. Moneyness - Wikipedia

    en.wikipedia.org/wiki/Moneyness

    The meaning of the factor of (σ 2 /2)τ is relatively subtle. For d − and m this corresponds to the difference between the median and mean (respectively) of geometric Brownian motion (the log-normal distribution ), and is the same correction factor in Itō's lemma for geometric Brownian motion .

  9. Manila - Wikipedia

    en.wikipedia.org/wiki/Manila

    The protected harbor on which Manila lies is regarded as the finest in Asia. [153] The Pasig River flows through the middle of city, dividing it into north and south. [ 154 ] [ 155 ] The overall grade of the city's central, built-up areas is relatively consistent with the natural flatness of the natural geography, generally exhibiting only ...