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Smart Card Is A(n)_______ That Is Around the Same Size

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Short Answer

Smart card is a(n)_______ that is around the same size as a credit card,containing embedded technologies that can store information and small amounts of software to perform some limited processing.


Definitions:

RRSP

Registered Retirement Savings Plan, a Canadian account for holding savings and investment assets, with certain tax benefits.

Compounded Semi-annually

The technique of twice yearly adding interest to the initial sum of money and to the interest that has previously been compounded.

End-of-quarter Payments

Payments made at the end of each quarter in a financial year, often related to dividends, loans, or leases.

Compounded Monthly

A method of calculating interest where the interest amount is added to the principal balance each month, accelerating the growth of the investment.

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