Examlex
According to the text, which intervention is LEAST effective at improving later life mobility?
Principal
Principal refers to the initial sum of money borrowed in a loan or the original amount invested, excluding any interest or dividends.
Investor
Someone or a group that puts money into ventures aiming for a return in terms of finance.
Compounded Semi-Annually
Refers to the process where interest is added to the principal balance of an investment, loan or deposit twice a year.
Compounded Quarterly
Interest calculation method where the interest is added to the principal every quarter, affecting the calculation for subsequent quarters.
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