Mathematics
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

answer
Answers: 2

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Determine whether each scenario is an example of saving or investing.

-depositing money...

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