Short Answer
For 90- to 365-day GICs, TD Canada Trust offered a rate of 3.00% on investments of $25,000 to $59,999 and a rate of 3.20% on investments of $60,000 to $99,999. How much more will an investor earn from a single $60,000, 270-day GIC than from two $30,000, 270-day GICs?
Correct Answer:

Verified
Correct Answer:
Verified
Q39: Claude Scales, a commercial fisherman, bought a
Q40: A 7-month, $75,400 Guaranteed Investment Certificate pays
Q41: A 90-day non-interest-bearing note issued on September
Q42: A 6-month note dated June 30 for
Q43: Harjap completed his program at Nova Scotia
Q45: A 6-month non-interest-bearing note issued on September
Q46: Calculate missing value for the promissory note:
Q47: Calculate missing value for the promissory note:
Q48: Calculate missing value for the promissory note:
Q49: An assignable loan contract executed three months