Ask Question
Social StudiesSocial Studies
7 October, 07:20

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?

+3
Answers (1)
  1. 7 October, 09:28
    0
    I did this in my class. The answer is A. Haylie should choose to reinvest for her to have an opportunity to choose another bank that has higher rate for her investments.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “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 ...” in 📙 Social Studies if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
The catholic church considered some thinkers of the scientific revolution to be heretics because what reason?
Answers (2)
In the real world, specialization is not complete. Why do countries not completely specialize? A. Because production of most goods involves increasing opportunity costs. B. Because tastes for products differ. C.
Answers (1)
What is the benefit of having legislation ratified in the form of an amendment? Which statement best represents a result of the Nineteenth Amendment?
Answers (1)
Effective listeners switch between the four listening styles depending on the context. a. True b. False
Answers (1)
Which statement best describes the Louisiana Purchase?
Answers (1)
New Questions in Social Studies
True or False - Congress authorized the delegates at the Constitutional Convention to replace the Articles of Confederation with something entirely new.
Answers (1)
Use what you have learned about monopolies to complete the following sentences. Monopolies competition in the market. In a monopoly, a producer controls the market because it is able to meet the demands of all consumers.
Answers (2)
Asa sternly and aggressively attacked the immorality and idolatry in Judah. True False
Answers (2)
How do you use discriminate in a sentence
Answers (2)
One similarity between the cultures of traditional china and traditional japan was that
Answers (1)
Home » Social Studies » 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.
Sign Up Forgot Password?