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30 Oct 2021
Problem 31
Page 424
Section: CRITICAL THINKING QUESTIONS
Chapter 17: Financial Markets
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30 Oct 2021
Introduction
An investment is a financial item or object purchased with the purpose of profit or expansion. The phrase "appreciation" refers to the increase in the worth of an asset over time. When someone purchases something as an investment, the intention is not to spend it, but to use it to generate future income.
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