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The "law of demand" states that changes in
Ordinary Annuity
A series of equal payments made at regular intervals, with the interest compounding period being the same as the payment period.
Compounded Annually
Describes interest on an investment that is calculated annually and added to the principal sum, thus earning further interest in subsequent years.
RRSP
A Registered Retirement Savings Plan, a tax-deferred savings account for Canadians to invest money for their retirement.
Six-month Contributions
Regular payments or deposits made over a six-month period, often related to investments or savings plans.
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