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During Piaget's formal operational stage, thinking becomes
Expected Population
An estimation of a population size in the future based on current trends and changes.
GIC
Guaranteed Investment Certificate, a type of Canadian investment that offers a guaranteed rate of return over a fixed period.
Maturity Value
The total amount of principal and interest due to be paid at the end of a loan or investment period.
Compounded Semi-annually
Interest that is calculated and added to the principal amount twice a year, leading to interest being earned on interest.
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