menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Personal Finance Study Set 1
  4. Exam
    Exam 5: Managing Your Financial Resources - Banking Services and Managing Your Money
  5. Question
    To Get the Better Rate on an Emergency Fund Investment
Solved

To Get the Better Rate on an Emergency Fund Investment

Question 68

Question 68

Multiple Choice

To get the better rate on an emergency fund investment you should invest in a


A) five-year cashable GIC.
B) one-year non-cashable GIC.
C) money market fund.
D) one-year Canada Premium Bond.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q1: If you were accepting $22 000 payment

Q33: Fred's after tax income is $3600 a

Q36: There is no real difference between a

Q50: Certified cheques,money orders,and traveller's cheques lower risk

Q65: A good investment for Emma's emergency fund

Q66: Which of the following is a depository

Q67: Which of the following would normally offer

Q70: Because online banking offers great convenience to

Q70: If you have $10 000 that you

Q73: Your chartered bank is offering a one-year

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines