______________ ________________ Is Used by Some American Indians as a Religious

question 9

Short Answer

______________ ________________ is used by some American Indians as a religious renewal or rite of passage.

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Definitions:

Annually Compounded

Interest on an investment that is calculated once a year on both the initial principal and the accumulated interest from previous periods.

Nominal Rate

The annual interest rate not adjusted for inflation or the compounding of interest.

RRSP

Registered Retirement Savings Plan, a retirement savings and investing vehicle for employees and the self-employed in Canada.

Month-End Contributions

Investments or payments made into a financial account or plan at the end of the month for accounting or strategy purposes.