Rites of Passage

question 128

Multiple Choice

Rites of passage:

• A)are nonexistent in the U.S.
• B)are on the increase in several African countries that are influenced by Western culture.
• C)provide a forceful and discontinuous entry into the adult world.
• D)to adulthood usually involve a reaffirmation of the individual's connection with immediate family.

---

Definitions:

Compounded Monthly

The process of adding interest to a principal sum of money, with the interest that is added also earning interest, occurring on a monthly basis.

Insurance Annuity

A financial product offered by insurance companies that provides regular payments to the holder for a specified period or for life in exchange for an initial investment.

Rate Of Return

The percentage of gain or loss on an investment over a specified period, representing the profitability as a ratio of original investment.

Heirs

Individuals legally entitled to receive a portion or all of a deceased person’s estate under the laws of inheritance.