Question

juanita is saving up to buy a truck. she wants to put $4000 down and borrow the rest. that down payment will lower the monthly payment so she can easily afford a new truck. she has been saving for 18 months and has half the money. it will take her about the same amount of time to save up the other half. what should she do with the $2000 in the meantime? (1 point) purchase a government bond and postpone the purchase keep it in her checking account with the money she spends regularly change her strategy and borrow all of the money to get the truck sooner invest in a treasury bill so that she can access the money when she needs it

Explanation:

Juanita needs the money soon for a down - payment. Government bonds may have a lock - in period, keeping money in a checking account risks being spent, borrowing all the money increases debt. Treasury bills are short - term and liquid, allowing access to funds when needed.

Answer:

invest in a treasury bill so that she can access the money when she needs it