Examlex
How did Congress attempt to prevent states from gerrymandering to decrease the influence of racial minorities in elections after the Voting Rights Act of 1965? What was the result of the U.S. Supreme Court's overturning of this congressional act?
GICs
Known as Guaranteed Investment Certificates in Canada, these investments assure a certain rate of return within a predetermined period.
Investor
An individual or organization that allocates capital with the expectation of receiving financial returns.
Rate
The percentage at which interest is charged or paid, or a measure of change over time.
Compound-Interest
Interest on a loan or deposit calculated based on both the initial principal and the accumulated interest from previous periods.
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