3
QuizMultiple Choice

Making Spending Decisions — Cumulative exam

Question 3 • ***CPS Online Personal Finance fall – 3-2027

Which is an example of a short-term investment?

Answer
A
bonds
B
retirement funds
C
savings accounts
D
houses

Explanation

A short-term investment is meant to keep money accessible over a relatively brief period. Savings accounts generally allow you to withdraw money readily, unlike retirement funds, which are intended for long-term saving, or houses, which are long-term assets. So the best answer is savings accounts.

AI-written and checked against the verified answer.

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