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Early Attempts of Humans to Explain Natural Events Involved Viewing

question 51

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Early attempts of humans to explain natural events involved viewing natural phenomena as being alive,called animism,and projecting human attributes onto natural events and nonhuman animals,called anthropomorphism.


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Compound-interest

Interest computed on both the original sum invested or loaned, as well as on the interest that has been added to this principal amount over earlier periods.

GIC

A Guaranteed Investment Certificate, a Canadian investment that offers a guaranteed rate of return over a fixed period.

Investment

The allocation of resources, such as time, money, or effort, in hope of generating a future benefit or profit.

Strip Bond

A debt security that has had its main components, namely the coupon and the principal, separated to be sold individually as zero-coupon bonds.

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