Mrs. Sandhu placed $11,500 in a four-year compound-interest GIC earning 6.75% compounded monthly. What is the GICs

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Mrs. Sandhu placed $11,500 in a four-year compound-interest GIC earning 6.75% compounded monthly. What is the GIC’s maturity value?
Maturity
Maturity is the date on which the life of a transaction or financial instrument ends, after which it must either be renewed, or it will cease to exist. The term is commonly used for deposits, foreign exchange spot, and forward transactions, interest...
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