question 5 (1 point) which of the following is a fixed rate investment? a cryptocurrency investment b a…
question 5 (1 point) which of the following is a fixed rate investment? a cryptocurrency investment b a house purchase c savings account with a guaranteed 3% interest rate d buying tesla stock
Answer
Brief Explanations:
A fixed - rate investment has a guaranteed return rate. Cryptocurrency values are highly volatile. A house purchase value can fluctuate based on real - estate market conditions. Tesla stock price is subject to market forces. A savings account with a guaranteed 3% interest rate has a fixed return rate.
Answer:
C. Savings account with a guaranteed 3% interest rate