How Many People in the World Are Between the Ages

question 99

Multiple Choice

How many people in the world are between the ages of 15 and 24?

• A) 2 percent
• B) 10 percent
• C) 20 percent
• D) 50 percent

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Definitions:

Present Values

The current value of a future amount of money or stream of cash flows given a specified rate of return.

Annuities

Financial products that provide a series of payments over time, often used for retirement savings or income generation.

Compute

To calculate or solve a problem, often using a computer.

Compounded Quarterly

Refers to the calculation of interest on the initial principal and also on the accumulated interest of previous periods of a deposit or loan, performed four times a year.