You Have $3000 That You May Need to Use to Replace

question 22

Multiple Choice

You have $3000 that you may need to use to replace the furnace in your home any time in the next couple of years. If you need the funds, you would have a weeks notice. Which of the following would likely give you the best return for your $3000?

• A)Chequing account
• B)Three-year cashable GICs
• C)Savings account
• D)Three-year Canada Savings Bonds

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Definitions:

Supportive Examples

Specific instances or evidence provided to help illustrate or strengthen an argument or theory.

Religious Training

Education or instruction in a particular religion's beliefs, practices, and morals.

Socialization Agent

Another term for agents of socialization, emphasizing their role in guiding individuals to understand societal norms and perform socially acceptable behaviors.

Religion

An institutionalized system of symbols, beliefs, values, and practices by which a group of people interprets and responds to what they feel is sacred and that provides answers to questions of ultimate meaning.