Question

Which of the following best describes the purpose of making an investment

Answer 1

Answer:

b.) to use money to make more money

Explanation:

The correct reason for making investments would be to use money to make more more money.

A financial investment represents the act of allocating money to a process or an item in order to reap profit or generate income in the short term, the long term, or both.

An investment can be in the form of purchased goods or services that can later be sold at a higher amount. It can also be an item or service that will be yielding immediate income while preserving all or parts of its original value.

The money made on an investment is referred to as gains o returns.

The correct option is b.