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Mathematics 6 Online
OpenStudy (anonymous):

Haylie'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. Haylie feels she can earn higher rates by exploring different savings accounts. Which option should Haylie choose for her CD? A. Reinvestment B. Automatic renewal C. Withdrawal D. Termination

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