Rebecca's $5000 CD is nearing its maturity and will have a maturity value of $6101.89. The renewal rate for her CD will be at a historic low and will lock up her money for another 5 years. Which option should Rebecca choose for her CD?
A. Termination
B. Automatic Renewal
C. Withdrawal
D. Reinvestment
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Home » Mathematics » Rebecca's $5000 CD is nearing its maturity and will have a maturity value of $6101.89. The renewal rate for her CD will be at a historic low and will lock up her money for another 5 years. Which option should Rebecca choose for her CD? A.