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The employer should not ask you questions about
Nominal Interest Rate
The stated annual interest rate on which the compound-interest calculation is based.
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.
Q2: mantle<br>A)the Sun and the eight major planets
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