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Mathematics, 20.02.2020 04:00, cristian592
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
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Answers: 2
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Determine whether each scenario is an example of saving or investing.
-depositing money...
-depositing money...
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