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In the Stanford Prison Study conducted by Philip Zimbardo and his colleagues (1973) ,guards became increasingly sadistic and prisoners became increasingly submissive and withdrawn,all in under a week.Results of this (aborted) study suggest that
Tax-Free Savings Account
A type of savings account that offers tax benefits, allowing individuals to earn interest or other returns without taxation.
Ordinary General Annuity
An annuity where payments are dispensed at the conclusion of each period, including monthly or yearly intervals.
Present Value
The today's worth of a forthcoming sum of money or succession of cash flows, given a specific rate of return.
Compounded Semi-annually
Interest on a loan or investment calculated twice a year, added to the principal sum, and earning interest thereafter.
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