Financial Awareness Puzzle Nerds

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The term APR means

Accrued Percentage Revenue

Semi Annual rate

Annual Percentage Rate:

Annual Product Rate

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The Bank of Canada is responsible for keeping this under control.

Inflation

Yield

Liquidity

Principle

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An interest rate that can change over time in response to changes in the market.

Variable Interest Rate

Fixed Prime Rate

Dividend

Mortgage Rate

Fun Fact

Royal Bank of Canada is the largest of the Big Five. It was founded in 1864 in Halifax, Nova Scotia, the bank financed the lumber and timber industries. It was known as the Merchants Bank of Halifax.

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