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Financial Literacy- Unit 6- Investing Flashcards | StudBud
Financial Literacy- Unit 6- Investing
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What is the key difference between saving and investing?
A
Saving earns a much higher rate of return than investing your money
B
Saving earns compound interest while investing earns simple interest
C
Saving is for long-term goals, investing is for short-term goals
D
Saving guarantees the money you put away while investing has no guarantees
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