Multiple Choice
When purchasing a guaranteed investment certificate (GIC) ,
A) you are always better off buying the longer-term GIC.
B) you will earn more interest percentage-wise on the lower-dollar GICs.
C) the amount you invest is at risk, so choose carefully.
D) it is wise to shop around, as rates vary among financial institutions.
Correct Answer:
Verified
Correct Answer:
Verified
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