Amount invested = PV = $4300
Interest rate = r = 2.1%
Number of years = n = 1
Hence, Value after 1 year = FV = PV(1+r)n = 4300(1+0.021)1 = $4,390.30
Travis has invested $4,300 in a one year GIC at 2.1 percent, compounded annually. How much...
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