Question

Which situation BEST describes saving for a long-term goal?

(1 point)
saving to start a business at retirement
saving to pay for household expenses
saving to go on vacation
saving to make a student loan payment

Answer 1

[AI-generated answer — Bot GPT 3.5]

Saving to start a business at retirement is the situation that BEST describes saving for a long-term goal. This is because starting a business typically requires a significant amount of money and planning over a long period of time.