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When Sam got up to give his speech in public speaking class,he walked around the audience,high-fiving his classmates and began his speech by saying,"Hey! What up Dawgs?" Which norm regarding the difference between public speaking and conversation did Sam fail to realize?
Interest
The charge for borrowing money or the amount earned on deposited funds, typically expressed as a percentage of the principal amount.
Compounded Semiannually
Interest calculation method where the interest rate is applied twice a year, resulting in interest on interest being added to the principal.
Monthly Compounded
Monthly Compounded refers to the process of applying interest to an initial sum and its previously accumulated interest at monthly intervals.
GIC
Guaranteed Investment Certificate; a Canadian investment that offers a guaranteed rate of return over a fixed period.
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