The Average Age at First Marriage in the U

question 32

Multiple Choice

 The average age at first marriage in the U.S.is ____for men,and ____ for women. 

• A)23; 21
• B)28; 26
• C)25; 23
• D)29; 27

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Definitions:

Ordinary Annuity

Steady cash flows facilitated at the decline of each era during a certain season.

Nominal Interest

The rate of interest quoted on a loan or bond without adjusting for inflation or other factors that could affect the real rate of return.

Effective Rate

The actual interest rate on a loan or investment, taking into account the compounding of interest, as opposed to the nominal rate.

Ordinary Annuity

Homogeneous financial installments disbursed at the cessation of individual periods across a confirmed timeline.