Solution-How much will anna have at the end of her four year

How much will anna have at the end of her four year

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Anna also wants to travel after graduation but she isn't working while in school so she won't be able to put money aside regularly. However, her grandmother gave her the generous gift of $2500 for her birthday and suggested she invest it in a GIC because it's low risk. She shopped around and found a 4 year GIC investment that earns 2.8% interest annually.

How much will Anna have at the end of her four year investment?
How much interest will be earned?

Reference no: EM132543788

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How much will anna have at the end of her four year

Reference no: EM132543788

Reference no: EM132543788

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