Examlex
_____ technology uses radio frequency identification (RFID) tags to identify and monitor the movement of each individual product,from a factory floor to the retail checkout counter.
Compounded Monthly
A finance term where interest is calculated and added to the principal balance each month, increasing the amount of future interest earned.
Periodic Payment
Payments made or received regularly over a specific period, often monthly or annually.
GIC
In Canada, a Guaranteed Investment Certificate is a type of investment that guarantees a fixed return rate over a certain period.
Compounded Annually
Interest on an investment calculated once a year, where each year's interest adds to the principal.
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