You Have Purchased a Guaranteed Investment Contracts (GICs)from an Insurance

question 85

Multiple Choice

You have purchased a Guaranteed Investment contracts (GICs) from an insurance firm that promises to pay you a 5% compound rate of return per year for 6 years.If you pay $10,000 for the GIC today and receive no interest along the way you will get __________ in 6 years (to the nearest dollar) .

• A) $12,565
• B) $13,000
• C) $13,401
• D) $13,676

Identify adaptations of plants to extreme temperatures.

Recognize the structural adaptations of plants to their environments, including aquatic and dry habitats.

Describe how plants adapt to dry conditions through physiological and morphological changes.

Explain the function and significance of pneumatophores in swamp plants.

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Definitions:

Quarterly Sales

The total revenue a company generates from its business activities during a specific three-month period of the fiscal year.

Purchase Price

The amount of money paid to acquire a product or service.

Accounts Payable Period

The average period it takes a company to pay its invoices from suppliers and vendors.

Cash Expenses

Expenses that require an immediate outflow of cash, as opposed to non-cash expenses like depreciation.