Examlex
In 2005 the Northwestern University women's lacrosse team won an NCAA championship and was invited to the White House to receive congratulations from the president.Controversy erupted after their visit,when the official photograph revealed that several team members were wearing flip-flops.Despite the outcry,the athletes took the criticism in stride,talking about it on The Today Show and auctioning the offending footwear for charity.Given the reaction and the team's response,what kind of norm did the athletes break by wearing flip-flops to the White House?
RRSP
Registered Retirement Savings Plan, a Canadian government-approved program to help residents save for retirement.
Compounded Annually
The method by which interest is calculated once per year on both the initial principal and the accumulated interest from previous periods.
Compounded Monthly
Compounded monthly refers to the process of accruing interest on an investment or loan where the interest earned is added to the principal amount at the end of each month, allowing the interest to itself earn interest in subsequent months.
RRSP
A savings and investment account designed for the retirement of both employees and self-employed individuals in Canada, known as Registered Retirement Savings Plan.
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