ENTREPRENEURIAL PLANNING
FINANCIAL PLANNING AND ANALYSIS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Assets that are growing in value over time are said to be ____
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appreciating
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depreciating
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strong
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profitable
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Explanation:
Detailed explanation-1: -Appreciation is referred to as the increase in the value of a capital asset over a given timeframe. This increase in the price can happen due to several reasons. This includes a rise in demand, reducing supply, and fluctuation in inflation or deflation rate.
Detailed explanation-2: -Financial assets, such as stocks and bonds, real estate, certificates of deposit (CDs) and even your savings account, can appreciate-and in fact you may count on this for achieving your financial goals and having a nest egg for retirement.
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