Word: grow
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Dates: during 1980-1989
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...speak for themselves; millions of American children are either hungry or malnourished; over one million suffer forms of child abuse each year; and over 22 million, more than 20 percent of the nation's children live in poverty. Unless these abuses are corrected, and quickly, the next generation will grow up in despair...
...zeros sell for less than their face value and are much cheaper than conventional bonds. For example, for $4,000 an investor can purchase a zero-coupon certificate that pays 11% interest and is guaranteed to mature to $100,000 in 30 years. Through compounding, the principal and interest grow into that amount over the life of the bond. By contrast, the interest on a coupon bond is periodically paid out rather than compounded, so the investment does not balloon in value...
Although holders of zeros receive no cash until their bonds mature, they must still pay annual taxes as the principal and interest grow. Result: tax-exempt investors like pension funds have been the main buyers of the bonds. But consumers are also snapping them up for Individual Retirement Accounts, which allow savers to defer taxes annually on as much as $2,000 of income. With this year's deadline for tax filing approaching, many investors have been finding the bonds a good place to put their cash...
...Projected traffic volume has everywhere outstripped what the government expected, largely because it was a self-perpetuating cycle--when truckers saw a fabulous new system of highways come in, they moved quickly to take business from the railroads, and as the government saw demand for the highways grow, both from truckers and a postwar America that was buying more and more automobiles, it planned longer and larger interstates, further encouraging truckers to grow...
...Exhibitors last week ranged from two-person companies with products packed in Ziploc bags to such corporate giants as IBM and A T & T. Houghton Mifflin, the book publisher, introduced several new computer programs, including one that checks spelling. Said President Richard Young: "We assume the software business will grow at twice the rate of our other business...