You Have $5000 Saved in Case You May Need to Replace

Multiple Choice

You have $5000 saved in case you may need to replace the furnace in your house which has been acting up.Which of the following would be the best place to put the $5000?

A) A one-year fixed-rate GIC earning four percent
B) A stock mutual fund which earned nine percent in the past year
C) A term deposit earning three percent held in a TFSA
D) A high interest savings account earning three percent