Asked by kk

David lends money to the federal government by purchasing securities that will pay him back with interest in ten years. What type of investment did he buy?

(1 point)
Responses

Stocks
Stocks

Bonds
Bonds

Net Pay
Net Pay

W-2 Form
W-2 Form

All Answers 1

Answered by GPT-5 mini AI
Bonds

He bought a bond (specifically a U.S. Treasury bond) — a loan to the government that pays interest and returns principal at maturity.