question 5 of 5\nolivia has a bit of money saved and is considering using it as a down payment toward one of…

question 5 of 5\nolivia 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?\nstock investment\ncar loan\nhome mortgage\ncollege education

question 5 of 5\nolivia 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?\nstock investment\ncar loan\nhome mortgage\ncollege education

Answer

Brief Explanations:

Good debt is debt that is likely to increase one's net - worth or generate long - term value. A car loan typically depreciates in value over time and is not considered good debt like a home mortgage (which can appreciate), college education (which can increase earning potential), or stock investment (which can grow in value).

Answer:

B. Car loan