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5 votes
Caitlin's $5000 CD is nearing its maturity and will have a maturity value of $6101.89. The renewal rate for her CD will be lower than the current one, but still 0.5% higher than her savings account. Caitlin will not need her money for another 5 years, when she plans on buying a house. Which option should Caitlin choose for her CD?

User Davemyron
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2 Answers

2 votes
I believe withdrawal is the option for her CD
User TheMixy
by
8.0k points
6 votes

Answer:

automatic renewal

Step-by-step explanation:

apex

User Aeosynth
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8.4k points