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Treating employees differently based on their age, such as only inviting younger employees to attend training, can result in adverse legal consequences.
Rate Of Return
The gain or loss on an investment over a specified time period, expressed as a percentage of the investment’s cost.
Investment Account
An account held at a financial institution that holds investments such as stocks, bonds, mutual funds, and other assets for investors.
Millionaire
An individual whose net worth or wealth is equal to or exceeds one million units of currency.
Monthly Compounding
The process where interest is added to the principal sum of a loan or deposit once every month.
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