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Question 6 (1 point) Karen invested $10,000 on July 15, 2010 in a short-term GIC with a simple interest rate of 8.5%. How much money

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Question 6 (1 point) Karen invested $10,000 on July 15, 2010 in a short-term GIC with a simple interest rate of 8.5%. How much money will she have by December 20, 2010? Question 7 (1 point) For a nominal rate of 5.9%, what is the compounding frequency if the periodic interest rate is 0.4916%. >

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