Examlex
When words are concatenated together to form a single word and the first letter of each is capitalized it is called _______ notation.
RRSP
Registered Retirement Savings Plan, a Canadian investment account for holding savings and investment assets, with tax advantages.
Compounded
The process of accumulating interest on an investment or loan where the earned interest is added to the principal, leading to interest being earned on interest.
Annually
Occurring once every year, often used in the context of events, payments, or calculations that repeat on a yearly basis.
RRSP
Registered Retirement Savings Plan, a retirement savings and investment vehicle for employees and the self-employed in Canada, offering tax benefits.
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