Examlex
What are the three systems of social stratification discussed in the text?
Yearly Contributions
The total amount of money added to a fund or investment over the course of a year.
Rate of Interest
The percentage of a sum of money charged for its use, often expressed annually.
Compounded Semi-Annually
Interest on an investment or loan calculated twice a year and then added to the principal amount, affecting future interest calculations.
Retirement Plan
A financial strategy designed to help individuals save and invest money to provide for financial security in their retirement years.
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