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List the five primary characteristics of an annuity and explain the difference between an ordinary annuity and an annuity due.
Stereotypes
Preconceived and oversimplified beliefs about certain groups of people that influence behavior and perceptions.
Selective Perception
The process by which individuals selectively interpret what they see based on their interests, background, experience, and attitudes.
Perceptual Distortion
A psychological phenomenon where an individual's perception or understanding of stimuli is altered from the reality of the situation.
Production Manager
A professional responsible for overseeing the production process in a manufacturing setting, ensuring efficient operation and meeting production targets.
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