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Use the figure below to answer the following questions.
Figure 19.1.1
-Refer to Figure 19.1.1. The middle 20 percent of households receive what share of total income?
Contributions
Money that is given or paid into a fund or a plan, often used in contexts of pensions, insurance, and investments.
Investments
The act of committing money or capital to an endeavor with the expectation of obtaining an additional income or profit.
Compounded Semi-annually
A method of calculating interest where the interest is added to the principal sum twice a year, resulting in interest on interest.
Semi-annual Payments
Payments that are made twice a year as a means to fulfill a financial obligation.
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