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Roy has $500 to invest for 2 years. Determine the amount of each investment. Investment A: A Guaranteed Investment Certificate (GIC) earning 5.2% compounded monthly

Roy has $500 to invest for 2 years. Determine the amount of each investment. Investment A: A Guaranteed Investment Certificate (GIC) earning 5.2% compounded monthly Investment B: A bond earning 5.3% compounded annually

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