Question
Which situation BEST describes saving for a short-term goal?
(1 point)
Responses
saving to buy a new car
saving to buy a new car
saving to pay next month’s mortgage payment
saving to pay next month’s mortgage payment
saving for a family member’s college tuition
saving for a family member’s college tuition
saving for retirement
saving for retirement
(1 point)
Responses
saving to buy a new car
saving to buy a new car
saving to pay next month’s mortgage payment
saving to pay next month’s mortgage payment
saving for a family member’s college tuition
saving for a family member’s college tuition
saving for retirement
saving for retirement
Answers
GPT-4o mini
The situation that BEST describes saving for a short-term goal is:
**saving to pay next month’s mortgage payment.**
This is a short-term goal as it involves saving for an expense that is due soon, typically within a month. The other options involve longer time frames.
**saving to pay next month’s mortgage payment.**
This is a short-term goal as it involves saving for an expense that is due soon, typically within a month. The other options involve longer time frames.