Ikko wants to see her money grow as quickly as possible. Which of these would be the best choice for her?

A. Credit union
B. Bank
C. Savings bond
D. Mutual fund



Answer :

Final answer:

Mutual funds provide the best opportunity for quick money growth compared to other options like savings bonds, banks, and credit unions.


Explanation:

Mutual fund would be the best choice for Ikko to see her money grow quickly. Mutual funds pool funds from multiple investors to invest in a diversified portfolio of securities, offering potential for higher returns compared to other options like savings bonds, banks, or credit unions.

Money market mutual funds, as alternatives to traditional savings accounts, may provide higher returns, but they lack the government guarantee found in bank savings accounts. Mutual funds often invest in stocks, bonds, or other securities, providing growth opportunities while balancing risk.

Investing in a mutual fund allows Ikko to potentially benefit from the expertise of professional fund managers who aim to maximize returns by investing in a variety of assets, making it a suitable choice for someone seeking growth opportunities for their money.


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