Determine whether each scenario is an example of saving or investing.

-depositing money each month into

an account at the bank for a car

purchase

-using a bank money market account

that earns 2% interest

-purchasing stock for

long-term growth

-purchasing a rental property

-purchasing a bank CD, or

certificate of deposit, for

six months

-purchasing bonds that pay

interest of 5% and holding

them until maturity

Saving. Investing

Answer:Saving involves setting aside money for a future need, so any transaction that involves setting aside money to meet a future need falls under savings while investing involves setting aside money in order to get more money.

Both savings and investing are good, depending on your needs

Step-by-step explanation:

For the first transaction, it is saving because you setting aside money for a future need

The second transaction is investment, you are setting aside money in order to get more money.

The third transaction is an investment

As well as the remaining three ...

Note ... Rental properties are investment because your aim is to make profit off them