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List and describe the three major differences between residual income and economic value added.
Contributions
Payments or services provided by individuals or organizations towards a common goal or benefit.
Initial Deposit
The first sum of money placed into an account or investment.
Regular Interest
Interest that is paid at a standard rate on investments or charged on loans over a fixed period.
GIC
A Guaranteed Investment Certificate, a Canadian investment that offers a guaranteed rate of return over a fixed period of time.
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