4
AssignmentDropdown

Credit and Loans

Question 4 • 2027 Ignite Financial Literacy-Personal Finance - EL3403

Investments with less liquidity include .

Answer
A
checking accounts
B
personal property
C
mutual funds

Explanation

Liquidity describes how quickly and easily an investment can be turned into cash without losing much value. Checking accounts provide immediate access to cash, and mutual funds can generally be sold relatively easily. Personal property, such as a car or furniture, usually takes more time and effort to sell, so it is less liquid.

AI-written and checked against the verified answer.

Previous
Next