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You Have $3,000 That You May Need Any Day to Replace

Question 74

Multiple Choice

You have $3,000 that you may need any day to replace the furnace in your house. Which of the following would be the best place to put the $3000?


A) A one-year fixed-rate GIC earning 4 percent
B) A common stock mutual fund earning 9 percent
C) A savings account earning 2 percent
D) An ETF earning 5 percent

Correct Answer:

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