Determine whether each scenario is an example of saving or investing.
-depositing money...
Mathematics, 12.03.2020 03:29 ht2005
Determine whether each scenario is an example of saving or investing.
-depositing money each month into
an account at the bank for a car
purchase
-using a bank money market account
that earns 2% interest
-purchasing stock for
long-term growth
-purchasing a rental property
-purchasing a bank CD, or
certificate of deposit, for
six months
-purchasing bonds that pay
interest of 5% and holding
them until maturity
Saving. Investing
Answers: 3
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