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Julia invested $4,500 in a Rate-Riser GIC that pays 1.5% 2.2% and 3%, all compounded semiannually. In each of three succ

Posted: Mon Jul 11, 2022 12:18 pm
by answerhappygod
Julia Invested 4 500 In A Rate Riser Gic That Pays 1 5 2 2 And 3 All Compounded Semiannually In Each Of Three Succ 1
Julia Invested 4 500 In A Rate Riser Gic That Pays 1 5 2 2 And 3 All Compounded Semiannually In Each Of Three Succ 1 (14.61 KiB) Viewed 25 times
Julia invested $4,500 in a Rate-Riser GIC that pays 1.5% 2.2% and 3%, all compounded semiannually. In each of three successive years. What is the maturity value of her investment? Multiple Choice $6,604.47 $4.571.05 $4.808.02 $4,809.91 $5.542.08