3 years ago

Define the difference bewteen pwi, msi, hsi, and hbcu

Advanced Placement (AP)

1 answer:

Dafna1 [17]3 years ago

8 0

Answer:

what is this so that im able to be way mpre helpful

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Luke has $700 that he doesn’t need to spend at the moment. However, when he has $1,500 he would like to buy a car. He’s planning

SpyIntel [72]

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SAVINGS ACCOUNT

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P.S - The exact question is -

Given - Luke has $700 that he doesn’t need to spend at the moment. However, when he has $1,500 he would like to buy a car. He’s planning to have all the money within the next six months.

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Luke's circumstance makes SAVINGS ACCOUNT as the most appropriate financial asset.

Given from the list as he can gain more interest than checking account/cash and savings account will be more liquid than CD ( Certificates of deposit) and his balance is too low for investing in the money market.

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