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USA-Pre-Algebra Personal financial literacy

Savings plans and investing over time

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Question 1
179096
Which of the following \(\textbf{best}\) describes \(\textbf{regular}\) (periodic) investing?
A.
Making one large, one-time deposit into a savings account.
B.
Depositing a fixed amount of money at regular intervals (such as every month or every paycheck) into a savings or investment account.
C.
Spending all of your income each month with no savings left over.
D.
Borrowing money from a bank with a fixed monthly payment.
Depositing a fixed amount of money at regular intervals (such as every month or every paycheck) into a savings or investment account.


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