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Question 7 of 10
Which statement best describes an example of a short-term investment
strategy?
A. Mariam buys an IRA that she can't withdraw from without penalty
until she's 59.5.
B. Mariam invests $4,000 in a mutual fund to create a new income
stream.
O C. Mariam buys a certificate of deposit to set aside money for a
down payment on a car.
D. Mariam buys 100 shares of stock in a proven company known for
solid, dependable performance over time.
SUBMIT

Respuesta :

Answer:

C

Step-by-step explanation:

Its not A  because she can't withdraw it for however many years.

Its not B because creating a new income stream is a long term investment.

Its not D because it says she buys stock of a long-term performing company

Answer:

C. Mariam buys a certificate of deposit to set aside money for a

down payment on a car.

Step-by-step explanation: