Investor loans money to a city, county government, or company
Money is repaid after a certain date, plus interest is paid
Generally considered a safe investment, although not insured by the FDIC
(1 point)
Responses
Bonds
Bonds
Exchange-traded fund (ETF)
Exchange-traded fund (ETF)
Savings accounts
Savings accounts
Mutual funds
Mutual funds
1 answer
The correct investment characterized by the traits you provided is Bonds.
Bonds involve lending money to a city, county government, or company, with the expectation that the principal will be repaid after a certain date along with interest payments. They are generally considered a safer investment, although they are not insured by the FDIC.
