Examlex
Which sentence is written correctly?
Retires
Withdraws from active working life, often due to reaching a certain age or completing a specific length of service.
Perpetuity
A type of annuity that pays a fixed amount to an individual indefinitely.
Scholarship
Financial support awarded to a student, based on academic achievement or other criteria, to help pay for education expenses.
Compounded
Interest calculated on the initial principal, which includes all of the accumulated interest from previous periods.
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