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62. You have purchased a guaranteed investment contract (GIC) from an insurance firm that promises to pay you a 5% compound rate of return per

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62. You have purchased a guaranteed investment contract (GIC) from an insurance firm that promises to pay you a 5% compound rate of return per year for 6 years. If you pay $15,000 for the GIC today and receive no interest along the way, you will get in 6 years (to the nearest dollar). (Round your answer to the nearest whole dollar). A. $19,500 B. $20,073 C. $20,101 D. $19,144

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