Question: How, if at all, will the future value of a three- year variable-rate GIC differ if it earns 4%, 5%, and 6% in successive years
How, if at all, will the future value of a three- year variable-rate GIC differ if it earns 4%, 5%, and 6% in successive years instead of 6%, 5%, and 4% in successive years?
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The future valuewill be the same in b... View full answer
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