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Correlational studies have found that children who are spanked tend to be more aggressive and more prone to antisocial behavior later in life compared to other children.
Retirement Fund
A financial arrangement designed to replace employment income upon retirement, accumulated through contributions from employers, employees, or both.
Notes Payable
Financial obligations or loans that a company promises to repay by a certain date, often evidenced by a promissory note.
Interest Expense
The cost incurred by an entity for borrowed funds, reflected as an expense on the income statement.
Maturity Date
The date on which a financial obligation, such as a note, bond, or loan, becomes due and is to be paid off.
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