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Review Problem 9 # 9 a algo ( LO 2 ) A credit union's Rate - Climber GIC pays rates of 3 . 1 %
Review Problem #a algo LO
A credit union's RateClimber GIC pays rates of and compounded semiannually in successive years of a threeyear term. What will be the maturity value of $ invested in this GIC? Do not round intermediate calculations and round your final answer to decimal places.
Maturity value
$
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