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Which of the following describes the most significant demographic trend facing the U.S.workforce?
Present Value
Today’s value of a prospective amount of money or cash flow series, determined by a predefined rate of return.
Payment Options
Various methods available for consumers to make transactions, such as cash, credit cards, and electronic transfers.
Interest Rate
The percentage of a sum of money charged for its use, often expressed annually.
Interest
The cost of borrowing money or the return on investment, typically expressed as a percentage.
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