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Posted on Jul 09, 2024

Timber Inc. invested profits of $ 2 2 0 , 0 0 0 . 0 0 in a GIC at 5 . 4 7 %

Timber Inc. invested profits of $

220, 000.00

in a GIC at

5.47 %

compounded semi

-

annually. How long would it take for the investment to grow to a value of at least $

292, 000.00 ?

years

months

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