Reasons for saving and investing include 1. need for funds to meet emergencies 2. retirement income 3. desire to leave an estate for children a. 1 and 2 b. 1 and 3 c. 2 and 3 d. all of the above

Respuesta :

Answer:

D. All of the above

Explanation:

Saving means setting funds that you don’t want to  spend now for future purposes. On the other hand, investing has to do with the purchase of assets such as stocks, real estates, bonds etc. Investment in most cases makes more money  for an individual, in that it generates interest at the long run.  

Therefore all the reasons listed i.e (1. need for funds to meet emergencies 2. retirement income 3. desire to leave an estate for children ) are all reasons for saving and investments

ACCESS MORE
EDU ACCESS
Universidad de Mexico