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You invest $60 million in a GIC for 6 years. It guarantees an interest rate 7% every six months. How much do you expect to

You invest $60 million in a GIC for 6 years. It guarantees an interest rate 7% every six months. How much do you expect to get from the contract?

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112.61 million

118.03 million

135.13 million

Not sure

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