Characteristics of the Generation of People Referred to as Millennials

question 118

Multiple Choice

Characteristics of the generation of people referred to as millennials includes all of the following EXCEPT

• A) heavy reliance on technology.
• B) being involved in the voting process.
• C) working for or in the military.
• D) being highly educated.

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Definitions:

Compound Interest

Interest computed by performing the simple interest formula periodically during the term of the investment.

Future Value

The worth of a current asset on a future date, calculated by estimating its growth rate over a specific period.

Compound Interest

Interest on both the initial principal and the accumulated interest from previous periods on a deposit or loan.

Future Value

The worth of an asset or cash at a specified date in the future that is equivalent in value to a specified sum today.