You have $3000 that you may need to use to replace the furnace in your home any time in the next couple of years. If you need the funds, you would have a weeks notice. Which of the following would likely give you the best return for your $3000?

Question

Quizplus · Accepted Answer

Three-year cashable GICs typically offer higher interest rates than savings or chequing accounts and can be cashed out early if needed, providing a balance between accessibility and return.

You Have $3000 That You May Need to Use to Replace