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Which of the following is not considered to be a change or growth-oriented group?
Effective Rate of Interest
The real rate of interest earned or paid over a period, considering compounding.
Compounded Options
Compounded options are not a standard financial term, suggesting a mix-up or confusion with terms related to compound interest or options trading. NO.
GICs
In Canada, Guaranteed Investment Certificates represent an investment option guaranteeing a fixed return rate over a certain time frame.
Annually
Happening annually or pertaining to a timeframe of one year.
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