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:

Radiocarbon Dating

A method of measuring the decay rate of carbon isotopes in organic matter to determine the age of organic materials such as wood and fiber.

Earliest-Known Sculptures

The oldest discovered artworks in the medium of sculpture, dating back to prehistoric times and serving various cultural and religious purposes.

BCE

Before Common Era, a non-religious alternative to BC (Before Christ), used in the Gregorian calendar to denote years before the birth of Jesus.

Neolithic Construction

Refers to structures built during the Neolithic era, around 12,000 years ago, including monumental stone buildings and megalithic sites.