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In fifth grade last year, Elena was a happy, easygoing student.Now that she's moved to junior high school and begun sixth grade, she's becoming increasingly anxious and uptight.Three of the following are probable reasons for her growing anxiety.Which one is least likely to be true?
Compounded Semi-annually
Interest calculated twice a year on both the initial principal and the accumulated interest from previous periods.
Month-end Contributions
The act of adding funds to an investment, account, or plan specifically at the end of a month.
Bond Fund
A mutual fund that invests primarily in bonds and other debt securities to generate returns.
Ordinary Annuity
A series of equal payments made at regular intervals, with the interest compounding period matching the payment period, such as annually.
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