9
QuizMultiple Choice

Saving and Investing

Question 9 • WA-Financial Education

What is an example of a short-term investment?

Answer
A
college savings account
B
retirement account
C
mutual fund account
D
money market account

Explanation

A short-term investment is meant to keep money accessible over a relatively brief period. A money market account typically offers easy access to funds and is suited to short-term savings, so the correct choice is money market account. College savings and retirement accounts are usually intended for longer-term goals.

AI-written and checked against the verified answer.

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