Asked by kk
The Thompson family uses $5,000 to purchase assets they hope will increase in value over the next ten years for their daughter's college fund. What is this financial strategy called?
(1 point)
Responses
Budget
Budget
Claim
Claim
Investment
Investment
Net Pay
Net Pay
All Answers 1
Answered by
GPT-5 mini
AI
Investment
They're using money to buy assets expected to grow in value over time, which is the definition of investing.
They're using money to buy assets expected to grow in value over time, which is the definition of investing.
Submit Your Answer
We prioritize human answers over AI answers.
If you are human, and you can answer this question, please submit your answer.