$5000 invested in a GIC earning 3.7% compounded semiannually matured at $5789.73. What was the term of...

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$5000 invested in a GIC earning 3.7% compounded semiannually matured at $5789.73. What was the term of the GIC?

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Business Mathematics In Canada

ISBN: 978-0070009899

7th edition

Authors: Ernest Jerome

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Question Posted: Jan 20, 2016 07:32 AM

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$5000 invested in a GIC earning 3.7% compounded semiannually matured at $5789.73. What was the term of...

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Given PV 5000 FV 578973 j 37 m 2 Term of th...View the full answer

Business Mathematics In Canada

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