QuestionMay 5, 2026

Your parents agree to let you have a part-time job. You want to save the money you earn to buy a car What type of goal is buying a car an example of? Extended-term Finance-term Long-term Medium-term

Your parents agree to let you have a part-time job. You want to save the money you earn to buy a car What type of goal is buying a car an example of? Extended-term Finance-term Long-term Medium-term
Your parents agree to let you have a part-time job. You want to save the money you
earn to buy a car
What type of goal is buying a car an example of?
Extended-term
Finance-term
Long-term
Medium-term

Solution
3.7(392 votes)

Answer

Medium-term Explanation 1. Identify the timeframe for buying a car Buying a car typically takes months to a few years of saving, which classifies it as a medium-term goal rather than short-term or long-term (long-term is usually over 5 years). 2. Match with given options The correct category from the provided choices is "Medium-term".

Explanation

1. Identify the timeframe for buying a car <br /> Buying a car typically takes months to a few years of saving, which classifies it as a medium-term goal rather than short-term or long-term (long-term is usually over 5 years). <br /><br />2. Match with given options <br /> The correct category from the provided choices is "Medium-term".
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