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statuscvo [17]
2 years ago
12

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
Mathematics
2 answers:
Genrish500 [490]2 years ago
8 0
Withdrawl
  

That's the apex answer
Ymorist [56]2 years ago
4 0

Answer:

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.

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Step-by-step explanation:

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Suppose you start with a full tank of gas (14 gallons) in your truck. After driving 4 hours, you now have 2
Alex73 [517]

Answer:

  a) -3 gallons per hour

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Step-by-step explanation:

Rate of change is computed by dividing the amount of change by the interval over which it occurred.

<h3>a)</h3>

Here the amount of gas decreased from 14 to 2 gallons, so a decrease of 14-2 = 12 gallons. That occurred over a 4-hour period, so the rate of change is (-12 gallons)/(4 hours) = -3 gallons/hour.

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<h3>b)</h3>

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4 0
2 years ago
An oven heating element turns on when the internal temperature falls to 20 degrees below the set temperature and turns off when
son4ous [18]

Answer:

The range of the oven is 385\leq T\leq 410

Step-by-step explanation:

Consider the provided information.

The internal temperature falls to 20 degrees below the set temperature and turns off when the temperature reaches 5 degrees above the set temperature.

You preheat the oven to 405 degrees before putting a cake in and baking it for an hour at 405.

The internal temperature falls to 20 degrees, therefore the lowest set can be:

405-20=385 degree.

The temperature reaches 5 degrees above the set temperature 405, therefore the upper set is: 405+5=410 degree.

Hence, the temperature will be lying between 385 degree and 410 degree.

This can be written as: 385\leq T\leq 410

Hence, the range of the oven is 385\leq T\leq 410

4 0
3 years ago
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