Examlex
Which of the following higher education expenses does not qualify for the education savings bond program?
Inherited Money
Wealth or assets received from someone after their death.
Wedding Expenses
The costs associated with organizing a wedding ceremony and reception.
Compound Interest
Interest calculated on the initial principal, which also includes all of the accumulated interest of previous periods of a deposit or loan.
Present Value
The present-day worth of an impending financial sum or sequence of cash disbursements, determined by a specific return rate.
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