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pochemuha
4 years ago
15

In 1—3 sentences, describe the saving-borrowing-investing cycle.

History
2 answers:
kolezko [41]4 years ago
7 0

The saving borrowing-investing cycle is certain ways in witch people can use their money when they save it you can place it in your'e bank account or other depository institutions, Borrowing money would consist of loans from banks or other entity's and at last thats when they can use that capital to invest in their future and certain needs witch would than bring more money but some investments can be a risk or sometimes fluctuate.


Mama L [17]4 years ago
4 0
Saving is the art of collecting your money in a bank account or something equal. Borrowing is the art of having an entity loan you money. Investing is the art of putting money into stocks to possibly earn more money, although investing fluctuates and you may lose money.
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