It Is Estimated That by the Year 2030, 85% of Older

question 102

True/False

It is estimated that by the year 2030, 85% of older adults in the United States of America will have earned a high school diploma.​

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Definitions:

Notes Receivable

Written promises for amounts to be received in the future, typically with interest, classified as assets on a balance sheet.

Calculating Interest

The process of determining the amount of interest to be added to the principal sum of a loan or deposit.

Maturity Value

The amount that will be paid to the holder of a financial instrument at its maturity date, including both the principal and any final interest payments.

Issued Note

A financial instrument representing a promise to pay a specified amount of money at a future date.