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The Primary Agent of Socialization in Nigeria Is the Family

question 24

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The primary agent of socialization in Nigeria is the family.


Definitions:

Present Value

The present value of a future sum of money or cash flow series calculated with a particular rate of return.

Market Price

The rate for exchanging assets or services in the marketplace currently.

Annuity Payments

Periodic payments made for a specified period or for the life of the recipient, often used in retirement planning.

Future Value

The value of an investment or cash flow at a specific future date, considering compound interest.

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