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Frances begins her career working in the human resources department of a major corporation. She is asked to help ensure the organization is following the federal guidelines for employment.
-In setting up interviews for an executive position, Frances makes sure to include candidates of different ethnic backgrounds, including individuals from protected minority groups.Which kind of program is she attempting to carry out?
Annual Income
Annual income is the total amount of money earned over a year from employment, investments, or business operations.
Compounded Monthly
The process of calculating interest on both the initial principal and the accumulated interest from previous periods, with the compounding occurring on a monthly basis.
Effective Annual Interest Rate
The actual interest rate on an investment or loan when compounding occurs more frequently than annually, reflecting the true financial cost or yield over a year.
IRA Account
Individual Retirement Account; a tax-advantaged investing tool that individuals use to earmark funds for retirement savings.
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