Death of a Parent and Divorce Are Two Life Events

question 97

True/False

Death of a parent and divorce are two life events that often face middle-aged adults.

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Definitions:

Interest Earned

The income received from investment assets before taxes and expenses have been deducted.

Investment

The allocation of money into financial assets, property, or other ventures in the expectation of obtaining an income or profit.

Interest Rate

The percentage of a sum of money charged for its use, often expressed as an annual percentage.