Mr. Dickson purchased a seven-year, $30,000 compound-interest GIC with funds in his RRSP. If the interest rate
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Mr. Dickson purchased a seven-year, $30,000 compound-interest GIC with funds in his RRSP. If the interest rate on the GIC is 1.75% compounded semiannually, what is the GIC's maturity value?
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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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