Question
Which of these is an example of an appreciating asset?
A) A new car
B) Electronic gadgets
C) Real estate
D) Furniture
A) A new car
B) Electronic gadgets
C) Real estate
D) Furniture
Answers
GPT-4o mini
C) Real estate
Real estate is typically considered an appreciating asset because it often increases in value over time, whereas the other options (a new car, electronic gadgets, and furniture) tend to depreciate in value.
Real estate is typically considered an appreciating asset because it often increases in value over time, whereas the other options (a new car, electronic gadgets, and furniture) tend to depreciate in value.