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Unit 4: You bought a $5,000, 5 year CD that earns 2.43% annual interest and it will mature tomorrow. You plan to roll the money

Unit 4: You bought a $5,000, 5 year CD that earns 2.43% annual interest and it will mature tomorrow. You plan to roll the money into a new 5 year CD that will earn 2.05%. About how much will you have when the new CD matures?

		$6,400.00
		$6,239.80
		$5,226.49
		$5,000.00

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