MAP4C Finance Unit 7 - Savings Alternatives For this assignment your goal is to gather and interpret information about 1 of the various savings alternatives available from Royal Bank of Canada. You will research this on the computer today, and for homework in order to write a mini report to present your findings. Savings alternatives chequing accounts savings accounts TFSAs RRSP RESP Mutual Funds GICs Stocks Bonds Choose only 1! Due date Wed. Dec. 11th at the start of class Mini-Report Content: should include as many of the following pieces of information about your savings alternative. - savings alternative type interest rate - bank - monthly fee - currency - minimum balance - online transfers - atm - online banking - overdraft protection - other fees - contribution limit - tax benefits - eligibility - income requirements - telephone banking - cheques - contribution limits Royal Bank’s website is the following: http://www.rbcroyalbank.com/personal.html Mini-Report details: - Use paragraphs Double spaced - Typed - No more than 1 page - Arial Font Size 12 - To be printed and handed in Evaluation: You will be evaluated based on: Communication: o Marks for your research effort and progress in the computer lab. Application: o /5 /15 Marks based on your Mini-Report Content (see above), completeness and correctness.
