For 90- to 365-day GICs, TD Canada Trust offered a rate of 3.00% on investments of $25,000

Question:

For 90- to 365-day GICs, TD Canada Trust offered a rate of 3.00% on investments of $25,000 to $59,999 and a rate of 3.20% on investments of $60,000 to $99,999. How much more will an investor earn from a single $60,000, 270-day GIC than from two $30,000, 270 day GICs?

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