You have $3000 saved in case you may need to replace the furnace in your house which has been acting up.Which of the following would be the best place to put the $3000?
A) A one-year fixed-rate GIC earning four percent
B) A stock mutual fund which earned nine percent in the past year
C) A TFSA cashable term deposit earning three percent
D) A high interest savings account earning three percent
Correct Answer:
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