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If cash flows are uneven, the payback period assumes that the inflows during the last fraction of a year occur evenly.
College Education
A post-secondary education program that leads to an associate's, bachelor's, master's, or doctoral degree.
Providing Care
The act of assisting others with their physical, emotional, or financial needs, often referring to caregivers.
Social Security
A government program that provides financial assistance to people with inadequate or no income, especially the elderly, disabled, and families with dependent children.
Middle-aged
The period of life typically ranging from about 45 to 65 years old, marked by transitions in health, social identity, and often career or family roles.
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