Ask Question
BusinessBusiness
7 October, 20:14

Angela has $2,000 that she wants to invest. She knows that she will not need this money for at least six months, but she might need it within the year. She is looking for an investment that is guaranteed to make her money. Which investment option should Angela choose?

stocks

commodities

saving accounts

mutual funds

+1
Answers (2)
  1. 7 October, 20:33
    0
    Saving accounts

    Explanation:

    A saving account is deposit account that pays interest and it is held a at retail bank or other financial institution. People often prefer saving accounts despite they pay modest interest, but they are preferable to other investment because of they are reliable and safe.

    Both the saving accounts and certificate of deposits are regarded as the safest investment because they enjoy protection from the provisions Federal Deposit Insurance Corporation (FDIC) provisions.

    Investments like commodities, index funds, exchange-traded funds, mutual funds, and stocks are equities and equity-based investments which are traded on the stock exchange are highly risky because they often suffer from price fluctuations which may make investors to lose when their prices are low.

    Therefore, an investment that can guarantee Angela to make her money even with interest is saving accounts.
  2. 7 October, 20:42
    0
    I would say it is C Saving accounts
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Angela has $2,000 that she wants to invest. She knows that she will not need this money for at least six months, but she might need it ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
A red sleeveless dress has been a fast seller at a clothing store. Which of these might raise the price of the dress? A. A change in fashion season, requiring the store to put the dress out of stock B.
Answers (2)
Which of the following statements regarding a tax sheltered annuity (tsa) is incorrect? the income from the tsa is received income tax-free the amount contributed is deductible from taxable income the interest earnings are tax deferred a
Answers (1)
If you had an irregular income, how would you set up a cash flow plan that would work?
Answers (1)
A corporation can be charged with any crime, provided an employee of the company has acted (wrongly) within the scope of their employment. True False
Answers (1)
1. All of the following would be classified as manufacturing overhead except the: A) wages of supervisor of the machining shop. B) depreciation of the equipment in the machining shop.
Answers (1)
New Questions in Business
The culture of UPS places service to the customer among the company's highest business objectives, which is reflected in their use of information systems to enable customer tracking of their packages.
Answers (1)
Employers bond employees who handle cash receipts because fidelity bonds reduce the possibility of employing dishonest individuals and Deter dishonesty by making employees aware that insurance companies may investigate and prosecute dishonest acts.
Answers (1)
1. A complaint of sexual harassment by a part-time worker in a hardware business was upheld when the Tribunal found that the employer had failed to take sufficient action in relation to the employee's report of inappropriate behaviour.
Answers (1)
Suppose that the government sets a price floor for milk that is above the competitive equilibrium price With the price floor, consumers are willing to purchase the quantity indicated where the price floor intersects the With the price floor, the
Answers (1)
Choose the best revision of the previous sentence. Because many executives have access to company jets boards of directors have a responsibility to ensure that shareholders are not footing the bill for personal travel.
Answers (1)
Home » Business » Angela has $2,000 that she wants to invest. She knows that she will not need this money for at least six months, but she might need it within the year. She is looking for an investment that is guaranteed to make her money.
Sign Up Forgot Password?