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The nurse is instructing a client on diagnostic tests used to screen for colorectal cancer. Which of the following should be included in these instructions?
RRSP
Registered Retirement Savings Plan, a Canadian account for holding savings and investment assets, with tax benefits for retirement savings.
Annuity
A fiscal vehicle offering a steady payout to individuals, commonly employed in retirement strategy.
Payments
The act of transferring money from one party to another, often in exchange for goods, services, or to fulfill a legal obligation.
Compounded Quarterly
Interest added to the principal sum every quarter, or four times a year, resulting in the interest of the next period being calculated on the new total.
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