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Question 1 of 15 The interest rate on a GIC is 4.02% compounded semi-annually. What is the purchase price of the GIC if it has

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Question 1 of 15 The interest rate on a GIC is 4.02% compounded semi-annually. What is the purchase price of the GIC if it has a maturity value of $35,425 in 3 years and 5 months? Round to the nearest cent

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