Internships Usually Offer No Monetary Compensation, but They Pay Off

question 35

True/False

Internships usually offer no monetary compensation, but they pay off in other ways.

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Definitions:

Return

The profit or loss made on an investment over a certain period, often expressed as a percentage of the initial investment.

Payment

The act of giving money in exchange for goods, services, or to fulfill any obligations such as dividends to shareholders.

Annuity

A financial product that pays out a fixed stream of payments to an individual, primarily used as an income stream for retirees.

Interest

The charge for borrowing money or the return on investment for lending money, typically expressed as a annual percentage rate.