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aznhermit101 aznhermit101
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A year ago
If an investor has the choice between rates of 2.4% compounded quarterly and 2.5% compounded semiannually for a six-year GIC, which rate should she choose?

▸ 2.5% compounded semiannually

▸ 2.9% compounded semiannually

▸ 2.7% compounded semiannually

▸ 2.5% compounded annually

▸ 2.5% compounded quarterly
Textbook 
Business Mathematics in Canada

Business Mathematics in Canada


Edition: 11th
Authors:
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gamblawcgamblawc
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A year ago
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