Advanced Placement (AP)

For 90- to 365-day GICs, TD Canada Trust offered a rate of 4.20% on investments of $30,000 to $59,999 and a rate of 4.60% on investments of $60,000 to $89,999. How much more will an investor earn from a single $60,000, 250-day GIC than from two $30,000, 250-day GICs?

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For 90- to 365-day GICs, TD Canada Trust offered a rate of 4.20% on investments of $30,000 to $59,99...

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