Examlex
A dark blue color in the reagent strip pad for specific gravity indicates:
GIC
Guaranteed Investment Certificate, a Canadian investment that offers a guaranteed rate of return over a fixed period of time, usually with higher interest rates for longer terms.
Rising Rate
An increasing trend in interest or inflation rates over a certain period.
Maturity Value
The amount to be paid to the holder of a financial instrument at the end of its term, including the principal and any accumulated interest or dividends.
Compounded Semi-annually
A method of calculating interest where the interest is added to the principal twice a year.
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