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28 March, 17:13

Angela has $2,000 that she wants to invest. She knows that she will not need this money for at least six months, but she might need it within the year. She is looking for an investment that is guaranteed to make her money. Which investment option should Angela choose?

stocks

commodities

saving accounts

mutual funds

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Answers (2)
  1. 28 March, 19:15
    0
    I would say it is C Saving accounts
  2. 28 March, 20:17
    0
    Saving accounts

    Explanation:

    A saving account is deposit account that pays interest and it is held a at retail bank or other financial institution. People often prefer saving accounts despite they pay modest interest, but they are preferable to other investment because of they are reliable and safe.

    Both the saving accounts and certificate of deposits are regarded as the safest investment because they enjoy protection from the provisions Federal Deposit Insurance Corporation (FDIC) provisions.

    Investments like commodities, index funds, exchange-traded funds, mutual funds, and stocks are equities and equity-based investments which are traded on the stock exchange are highly risky because they often suffer from price fluctuations which may make investors to lose when their prices are low.

    Therefore, an investment that can guarantee Angela to make her money even with interest is saving accounts.
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