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got2pass got2pass
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10 months ago
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
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Business Mathematics in Canada

Business Mathematics in Canada


Edition: 11th
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wukong81wukong81
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10 months ago
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