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Bart Was Awarded Sales Person of the Year and Was

question 95

Multiple Choice

Bart was awarded sales person of the year and was given a cruise for two by his company. This is an example of a(n) ________ reward.


Definitions:

Yearly Contributions

The total amount of money added to a fund or investment over the course of a year.

Rate of Interest

The percentage of a sum of money charged for its use, often expressed annually.

Compounded Semi-Annually

Interest on an investment or loan calculated twice a year and then added to the principal amount, affecting future interest calculations.

Retirement Plan

A financial strategy designed to help individuals save and invest money to provide for financial security in their retirement years.

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