A bank pays a simple interest rate of 2.1% on 30-to-179-day Gies of at least $100,000. What
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A bank pays a simple interest rate of 2.1% on 30-to-179-day Gies of at least $100,000. What is the effective annualized rate of return
a. On a 40-day GIC?
b. On a 160-day GIC?
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Related Book For 
Fundamentals Of Business Mathematics In Canada
ISBN: 9781259370151
3rd Edition
Authors: F. Ernest Jerome, Jackie Shemko
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