madsbeenbattslove
Answered

Korina receives $12,000 as a high school graduation gift. She would like to save the money for a down payment on a new house after she graduates from college. Which option would earn her the most money toward that goal?

Verified Answer :

metchelle

To answer the question above if what option would Korina choose to earn more income towards the goal of buying a new house after she graduates college; with $12,000 she can start up a small buy and sell business and invest in stock market or mutual funds for passive income monthly/yearly.

Answer:

Use the account with compound interest (Should be letter "D")

Explanation:

I just got it correct on the test. I hope this helps!

Related Questions