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Home Q & A Board Science-Related Homework Help Mathematics
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anuong05 anuong05
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6 months ago
$22,000 is invested in a five-year compound interest GIC earning interest rates of 2%, 2.1%, 2.25%, 2.5%, and 2.75% in successive years. What amount will the investor receive at maturity?

▸ $24,672.75

▸ $24,692.75

▸ $24,627.75

▸ $25,672.75

▸ $23,672.75
Textbook 
Business Mathematics in Canada

Business Mathematics in Canada


Edition: 11th
Authors:
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bcyberbcyber
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6 months ago
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