Mark and susan, a recently married couple with full? time jobs, set a goal of putting $200 in savings every month to make a down payment on a home in five years. what type of goal have they set?

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Kyra Sullivan

Business

13 February, 02:39

Mark and susan, a recently married couple with full? time jobs, set a goal of putting $200 in savings every month to make a down payment on a home in five years. what type of goal have they set?

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Hensley · Answer 1

The type of goal they set is referred to as medium term goal. There are three types of goal, short, medium and long term goals. Short term last for a maximum of two years, medium term goal last for a maximum of five years while long term goal can last up to ten years.