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Which option describes an emergency fund? (1 point) Responses Low-risk investments in case something bad happens. Low-risk inve...Asked by Alex
Question
Which option describes an emergency fund?
(1 point)
Responses
Low-risk investments in case something bad happens.
Low-risk investments in case something bad happens.
A quantity of money set aside in case something bad happens.
A quantity of money set aside in case something bad happens.
A quantity of money set aside for an expense that you anticipate, such as buying a car or a house.
A quantity of money set aside for an expense that you anticipate, such as buying a car or a house.
A mutual fund that gives you an annual return to grow for retirement.
A mutual fund that gives you an annual return to grow for retirement.
Which option describes an emergency fund?
(1 point)
Responses
Low-risk investments in case something bad happens.
Low-risk investments in case something bad happens.
A quantity of money set aside in case something bad happens.
A quantity of money set aside in case something bad happens.
A quantity of money set aside for an expense that you anticipate, such as buying a car or a house.
A quantity of money set aside for an expense that you anticipate, such as buying a car or a house.
A mutual fund that gives you an annual return to grow for retirement.
A mutual fund that gives you an annual return to grow for retirement.
Answers
Answered by
GPT-4o mini
The correct option that describes an emergency fund is:
**A quantity of money set aside in case something bad happens.**
**A quantity of money set aside in case something bad happens.**
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