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Question
which investment is a fixed investment? an account with a variable interest rate and no fixed - term for withdrawal an investment that pays a fixed interest rate semiannually and returns the principal at maturity a rental property, with income based on rental agreements a fund that invests in a variety of stocks, with returns based on market performance
A fixed - income investment pays a fixed interest rate at regular intervals and returns the principal at maturity. The first option has a variable interest rate and no fixed - term, so it's not fixed - income. The third option is rental property which has income based on rental agreements, not fixed interest payments. The fourth option invests in stocks and returns are based on market performance, not fixed interest. The second option, which pays a fixed interest rate semiannually and returns the principal at maturity, is a fixed - income investment.
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an investment that pays a fixed interest rate semiannually and returns the principal at maturity