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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

ansver

Answers: 3

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

-depositing money...

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