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Question 7 of 10 The interest rate on a GIC is 3.50% compounded quarterly. What is the purchase price of the GIC if its maturity
Question 7 of 10 The interest rate on a GIC is 3.50% compounded quarterly. What is the purchase price of the GIC if its maturity value in 4 years and 6 months is $36,623? Round to the nearest cent Question 8 of 10 $0.00 How long will it take for an investment to double at simple interest rate of 2.60% p.a.? 0 years 0 months Express the answer in years and months, rounded up to the next month Question 9 of 10 Rebecca heard that she could triple her money in 25 years if she invested it in a large telecommunications business. What nominal interest business offer? Round to two decimal places 0.00 % ompounded onthly does the
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