Question

question 5 of 5
olivia has a bit of money saved and is considering using it as a down payment toward one of the following choices. if olivia wants to only have good debt, which of the following should she avoid?
home mortgage
stock investment
car loan
college education

Explanation:

Good debt typically builds long-term value or future earning potential: a home mortgage builds equity, college education boosts earning capacity, and stock investment (when borrowed strategically) can generate returns. A car loan is for an asset that depreciates rapidly, so it is not considered good debt and should be avoided if only good debt is desired.

Answer:

C. Car loan