Read this scenario about short-term investments, then answer the question that follows. 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

Question

30-03-2022
Business

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Read this scenario about short-term investments, then answer the question that follows. 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

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aaliyahburroughs24 aaliyahburroughs24 · Answer 1 · 2022-03-30T04:40:55+02:00

aaliyahburroughs24 aaliyahburroughs24

30-03-2022

Answer:

savings account

Explanation:

use saving account so if she need the money in case of an emergency she will have it

Answer Link

suchetasVT suchetasVT · Answer 2 · 2022-04-07T07:37:30+02:00

People often choose savings accounts even though they pay less interest because they are more reliable and secure.

What is a Savings Account?

A savings account is a deposit account that pays interest and is deposited in a trading bank or other financial institution.

Both savings accounts and deposit certificates are considered the safest investment because they enjoy protection in the provisions of the Federal Deposit Insurance Corporation (FDIC).

Investments such as commodities, index funds, stock exchanges, joint ventures, and stocks and stocks based on equities traded on the stock market are highly risky because they are often priced volatile which may cause investors to lose their money.

Therefore, an investment that can guarantee that Angela will make money for her or that she will have interest on savings accounts.

To learn more about savings account, refer:

https://brainly.com/question/738615