Q:

A) 1276.28 | B) 1234 |

C) 1278 | D) 1256 |

Answer: A) 1276.28

Explanation:

Explanation:

FV = $1000(1.04)(1.045)(1.05)(1.055)(1.06) = $1276.14

the maturity value of the regular GIC is

FV = $ 1000 x ${\left(1.05\right)}^{5}$= $1276.28

Q:

A) 9,000 | B) 7,000 |

C) 10,000 | D) 8,000 |

0
420

0
547

Q:

A) 3,000 | B) 2,500 |

C) 2,800 | D) 2,400 |

0
120

Q:

A) 5,000 | B) 4,800 |

C) 6,000 | D) 5,400 |

0
678

Q:

A) Rs. 2,560 | B) Rs. 2,480 |

C) Rs. 2,500 | D) Rs. 2,520 |

3
514

Q:

A) ₹10,200 | B) ₹11,400 |

C) ₹7,620 | D) ₹9,600 |

2
1913

Q:

A) 25,650 | B) 26,750 |

C) 25,000 | D) 24,860 |

1
5645

0
4667