Multiple Choice
Kelly deposits $1000 in a three year GIC compounding annually at 4 percent per year. How much interest would she earn by maturity?
A) $124.86
B) $120.00
C) $ 40.00
D) $1124.86
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q20: How much more interest will be earned
Q22: You have $3000 that you may need
Q23: The type of financing that allows you
Q24: You have $5000 to invest for short-term
Q26: You should have more funds in your
Q27: Mortgage companies<br>A)take deposits,savings,and term deposits and lend
Q28: In order to have a safety deposit
Q29: The key feature that makes Canada Premium
Q35: Because they have lower expenses, Web-based financial
Q59: Which of the following does not guarantee