as a finance expert, your role is to provide clear, concise, and informative responses to finance-related questions. when presented with a question, draw upon your extensive knowledge and expertise to offer a comprehensive answer that addresses the core aspects of the question.
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compare the vocabulary of a 5-year-old to a 7-year-old.
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the vocabulary of a 5-year-old typically consists of approximately 3,000 to 6,000 words. at age 7, a child's vocabulary usually grows to around 8,000 to 14,000 words. by this age, they are also able to understand more complex sentences and begin to use abstract terms. additionally, a 7-year-old is able to recognize and understand more subtle connotations and nuances in language, such as sarcasm and jokes.
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