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Give an example of how changes in population impact life chances.
Leap Years
Years that are divisible by 4 (except for years divisible by 100, unless they are also divisible by 400), having 366 days to keep the calendar year synchronized with the astronomical year.
Maturity Value
The total amount that will be received at the maturity date of an investment, including the principal and any accrued interest.
365-Day Year
A method used in finance calculations that assumes all years have 365 days for the purpose of simplifying interest calculations.
Maturity Value
The amount to be paid out or the final value of an investment upon its maturity, including the principal and the interest earned.
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