109430
AssignmentDropdown

Financial Literacy

Question 109430 • CCSD Personal Finance CP 25-26 (0.5)

Kaitlyn might also choose a long-term investment, such as a [___].

Answer
A
mortgage
B
personal loan
C
savings bond

Explanation

A savings bond is a long-term investment because it can earn interest over an extended period. A mortgage and a personal loan are forms of borrowing, not investments.

AI-written and checked against the verified answer.

Previous
Next