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

Withdrawal or reinvestment

Step-by-step explanation:

Given that Rebecca has 5000 deposit with MV 6101,89,

The renewal rate is very low since it is at a historic level.

The question is to advise REbecca to decide

Since renewal is at a very low rate, and that too for another 5 years, renewal is not at all advisable.

But considering reinvestment if the current interest rate is very good, and there is an option for flexible selection of period insteal of fixed 5 years, reinvestment would be a good option.

In other cases, it is advisable to withdraw and not renew.