Question

George is 30-years-old and wants to invest $500. He cannot afford to lose any of the $500, so he wants a very low-risk investment. He needs to collect the money at the end of three years, so his deadline is very strict. Which type of investment will BEST fit George’s requirements?

money market mutual fund

certificate of deposit

bond

401k

Answer 1

Answer:

Hi there!

Your answer is:

B. Certificate of deposit

Explanation:

COD's are very low risk! They have set guidelines for when the money is collected as well! That will fit his needs!

Answer 2

Answer:

The answer my dear friends would be B

Explanation:

My explanation: I got it right on plato, so it's right on edge and other streaming school's