You Have $3000 Saved in Case You May Need to Replace

question 7

Multiple Choice

You have $3000 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 $3000?

• 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 TFSA cashable term deposit earning three percent
• D)A high interest savings account earning three percent

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Definitions:

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In computing, an operation initiated by a user or program, which causes a reaction by the system or software.

Macro

A set of commands or actions bundled together to automate repetitive tasks in software applications, different from its design view aspects.

Recording

The act of capturing audio, video, or digital events for playback or analysis.