A 1983 Justice Department Proposal Has as Its Goal the Elimination

question 3

True/False

A 1983 Justice Department proposal has as its goal the elimination of violent teenage gangs.

---

Definitions:

Trust Fund

A fund comprised of a variety of assets intended to provide benefits to an individual or organization.

Effective Rate

is the interest rate on a loan or financial product, restated from the nominal rate as an annual rate that may incorporate compounding.

Endowment Fund

A financial endowment given to institutions like universities, museums, and non-profits to invest and use the annual income from investments for operations or programs.

Perpetuity

A financial instrument that pays a steady, never-ending stream of cash flows to the investor.