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A $3 billion U.S. federal scrappage program that offered rebates for trading in less fuel-efficient vehicles for new ones. The program ran from July to August 2009 and scrapped 677,081 vehicles, mostly Toyota Corollas and Ford Explorers.
SNAP, formerly known as Food Stamp Program, is a federal aid program that provides food-purchasing assistance for low-income Americans. Learn about its history, benefits, eligibility, and administration from this Wikipedia article.
A zero-coupon bond is a bond that does not pay interest or coupons, but only the face value at maturity. Learn about its features, uses, taxes, and how to calculate its price and yield.
A coupon is the interest payment received by a bondholder from the date of issuance until the date of maturity of a bond. Learn about the history, valuation, and types of bonds, including zero-coupon bonds that pay no coupons and have a price less than their face value.
Learn about the sales tax rates, exemptions, and administration in different states and localities. California has the highest base sales tax rate, 7.25%, and Arab, Alabama, has the highest total sales tax, 13.50%.
The Fiat 500 is a city car launched in 2007, inspired by the original Fiat 500 from 1957. It is available in hatchback and cabriolet versions, and has won several awards, including European Car of the Year and World's Most Beautiful Automobile.
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