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Science-Related Homework Help Mathematics Topic started by: got2pass on May 29, 2023



Title: You purchased a seven-year, $10,000 compound interest GIC with funds in his RRSP. If the interest ...
Post by: got2pass on May 29, 2023
You purchased a seven-year, $10,000 compound interest GIC with funds in his RRSP. If the interest rate on the GIC is 1.25% compounded annually, what is the GIC's maturity value?

▸ $10,998.50

▸ $10,908.50

▸ $11,908.50

▸ $12,908.50

▸ $13,908.50


Title: Re: You purchased a seven-year, $10,000 compound interest GIC with funds in his RRSP. If the interest ...
Post by: wukong81 on May 29, 2023
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