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Compare the type of investment

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Imagine that you want a car when you are 16 and relatives have given you $1000 toward the purchase of this car for your 15th birthday. Do some online research and determine the best way for you to invest that money for one year. What kind of investment would you choose and why? Compare the type of investment you chose to at least one other option in your answer.

Reference no: EM133120029

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