The opening balance from the prior month combined with the net of all transactions during the period should result in the closing balance for the current statement.
A cost-of-living raise is an increase in pay that's intended to keep the buying power of an employee's salary the same during a period of inflation.he biggest group affected by cost-of-living raises is Social Security recipients. Some employees have contracts that include automatic cost-of-living raises. Others work for companies that voluntarily increase pay to keep pace with inflation.
It's time for colleges to answer. Few costs of American life have risen as quickly as the that of a higher education. In the last decade, average tuition has risen 80 percent, twice as much as healthcare costs and four times as much as housing costs rose in that same time period.