Term Letter a -j Please provide a rationale (explain) your choice, only complete rationales for 10 terms even if you placed more than one answer a-k
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Question

Match at least 10 of the following with a term below. Provide a rationale for your choice:

a)    Long term Savings

b)    Short term savings

c)    Interest rates increase

d)    Interest rates decrease

e)    Defer taxes

f)     Getting ripped off (not a good financial decision, but you may have no choice)

g)    For your kids

h)    For your retirement

i)     For getting cash fast

j)     Was developed by the people for the people

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Term Letter a -j Please provide a rationale (explain) your choice, only complete rationales for 10 terms even if you placed more than one answer a-k in the middle column. 1 Gross income 2 Taxable income 3 Tax exempt income 4 Tax avoidance 5 Tax evasion 6 Tax credit 7 RRSP 8 RESP 9 Tax deferment 10 Chartered bank 11 Credit union 12 Pawnshop 13 Cash chequing outlet 14 Guaranteed Investment Certificate 15 Canada Savings Bond 16 Rate of return 17 Inflation 18 Liquidity 19 Lifecycle stage 20 Present value 21 Personal balance sheet 22 Tax audit 23 Deductions 24 Money market account 25 Overdraft Protection

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Subject: Business, Finance
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