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Home Q & A Board Science-Related Homework Help Mathematics
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Neptunesx101x Neptunesx101x
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10 months ago
A 4-month Guaranteed Investment Certificate with a face value of $55,000 will have a maturity value of $56,100. What simple annual interest rate is it carrying?

▸ 6.00%

▸ 10.20%

▸ 2.00%

▸ 8.00%

▸ 20.00%
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Business Mathematics in Canada

Business Mathematics in Canada


Edition: 11th
Authors:
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andratandrat
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10 months ago
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Neptunesx101x Author
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10 months ago
Good timing, thanks!
ofsuahasiufhoas
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This site is awesome
smdavis
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2 hours ago
this is exactly what I needed
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