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Sustainable Development Refers to Development That Meets the Needs of the Current

question 35

True/False

Sustainable development refers to development that meets the needs of the current generation, but at the risk of compromising the needs of future generations.


Definitions:

Compounded Annually

Interest calculated on the initial principal and also on the accumulated interest of previous periods of a deposit or loan, occurring once per year.

Interest

Interest is the charge for borrowing money or the payment earned on deposited funds.

Withdrawal

The act of removing funds from an account, plan, or investment.

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