Do some research to find an investment, like a GIC or a Canada Savings Bond, that features a fixed rate of compound interest. Report on what that interest rate is. If you were to contribute $1200 each year ($100 per month) for five years, how much interest would you earn over that period of time? What if you contributed $2400 each year? Do you think that it would be worth investing your money in this way? Why or why not?

(There are no right or wrong answers here, but you will be awarded for showing that you have given the question some serious thought and considered your options carefully).