The Age Pyramid That Depicts the Current Distribution of the U.S.population

question 77

Multiple Choice

The age pyramid that depicts the current distribution of the U.S.population can best be described as:

• A)a perfect pyramid
• B)a pyramid that is too large at the base because of an increase in birth rates
• C)a pyramid that bulges in the middle because of the Baby Boomers and is smaller at the base because of declining birth rates among post-Baby Boomers
• D)an inverse pyramid that is larger at the top than at the bottom

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Definitions:

Interest Rate

The part of a loan charged as interest to the borrower, typically demonstrated as an annual percentage of the unsettled loan portion.

Monthly Payment

A regularly scheduled payment that is often used to repay loans over a specific period of time.

Lump Sum

A single payment made at a particular time, as opposed to several smaller payments or installments.

Interest Rate

The cost of borrowing money or the return on investment, represented as a percentage of the principal.