Examlex
What is a business model or system?
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.
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