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If you were to deposit $2,000 into a two-year GIC with a 2% interest rate, for example, you'd be able to collect $2,080 at the end of the term. ... With a non-cashable GIC, you'd have to wait ...
A guaranteed investment contract (GIC) is a contract that guarantees repayment of principal and a fixed or floating interest rate for a predetermined period of time. Guaranteed investment contracts are typically issued by life insurance companies qualified for favorable tax status under the Internal Revenue Code (for example, 401(k) plans).
The market growth GICs or market stock-indexed GICs have their interest rates determined by the rate of growth of a specific stock market (such as the TSX or S&P 500).For example; if the TSX has a market growth increase of 30% in three years, beginning at the same point in time the GIC was issued, the GIC will return with an interest of 30%.
Map of the United States with Pennsylvania highlighted. There are 56 municipalities classified as cities in the U.S. state of Pennsylvania. [1] Each city is further classified based on population, with Philadelphia being of the first class, Pittsburgh of the second class, Scranton of the second class A, and the remaining 53 cities being of the third class.
Map of the United States with Pennsylvania highlighted in red. Pennsylvania is a state located in the Northeastern United States.As of the 2020 U.S. census, Pennsylvania is the fifth-most populous state with 13,002,700 inhabitants [1] and the 32nd-largest by land area spanning 44,742.70 square miles (115,883.1 km 2) of land. [2]
This is a list of towns and boroughs in Pennsylvania. There are currently 956 municipalities classified as boroughs and one classified as a town in Pennsylvania . Unlike other forms of municipalities in Pennsylvania, boroughs and towns are not classified according to population.
This list of cities, towns, unincorporated communities, counties, and other recognized places in the U.S. state of Pennsylvania also includes information on the number and names of counties in which the place lies, and its lower and upper Zip Code bounds, if applicable.
This list of current cities, boroughs, townships, unincorporated communities, counties, and other recognized places in the U.S. state of Pennsylvania also includes information on the number and names of counties in which the place lies, and its lower and upper zip code bounds, if applicable.