In What Part of the Country Do Most of Australia's

question 152

Multiple Choice

In what part of the country do most of Australia's 21.9 million people live?

• A) southeast coast
• B) northern tip
• C) northwest coast
• D) southern interior

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Definitions:

Annual Contributions

Regular amounts added to an investment, savings account, or retirement fund once every year.

Compounded Semi-Annually

Interest that is compounded semi-annually is applied to the principal amount twice a year, leading to an increase in the overall amount of interest earned compared to simple interest.

RRSP

Registered Retirement Savings Plan, a tax-deferred account aimed at helping Canadians save for retirement.

Annual Contributions

Payments or deposits made into a financial account or investment plan once every year.