2. You just received a $5,000 gift from your rich uncle and you dont know whether to...

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2. You just received a $5,000 gift from your rich uncle and you don’t know whether to invest or save the money. You want to use the money to help purchase a new car in four years. Where should you invest the money? (LO 11-1)

a. In a safe, insured, guaranteed investment

b. In an index mutual fund

c. In gold or other precious metals

d. Under your mattress

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Personal Finance Building Your Future

ISBN: 9780077861728

2nd Edition

Authors: Robert Walker, Kristy Walker

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