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Robert Merton advanced the idea that labeling can bring about self-fulfilling prophecies or inaccurate beliefs that, if repeated loudly and frequently enough, can become true. Compare the ideas of Merton and those of sociologist Elijah Anderson, who believed that a self-fulfilling prophecy has contributed to racial conflict in the United States.
Periodic Payment
Regular payments made over a specified period, such as monthly rent or mortgage payments.
Ordinary Annuity
An annuity wherein payments are made at the end of each period, often used in savings and loan repayments.
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A specialized calculator used for financial calculations, including interest rates, loan payments, investment valuations, and more.
Periodic Payment
Regular payments made over a stipulated period, often in the context of loans or annuities.
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