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Describe the basic conditions that must be present if a career development program is to be successful.
Return
The gain or loss on an investment over a specified period, expressed as a percentage increase over the original investment cost.
Invest
Allocating resources, usually financial, with the expectation of generating an income or profit.
Annual Interest
The amount of interest earned or paid over one year, expressed as a percentage of the principal.
Retirement Fund
A financial arrangement designed to replace employment income upon retirement, commonly managed through savings or investment plans.
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