6
lesson pretestMultiple Choice

Pretest

Question 6 • Financial Math

Which factor would most likely decrease a person's long-term savings?

Answer
A
receiving a pay raise
B
opening a savings or checking account
C
investing in the stock market
D
having high-interest credit card debt

Explanation

High-interest credit card debt can steadily increase as interest is added to the balance. Paying that interest uses money that could otherwise be saved, so it is most likely to decrease long-term savings. Opening an account, receiving a pay raise, or investing may help someone save or grow money.

AI-written and checked against the verified answer.

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