Tammy and Richard Have $100 a Month Automatically Transferred from Their

question 89

Multiple Choice

Tammy and Richard have $100 a month automatically transferred from their checking account to their mutual fund account.This is an example of

• A)dollar-cost averaging.
• B)making installment payments.
• C)scrimping each month.
• D)saving windfalls.

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Definitions:

College Size

College size refers to the total number of enrolled students at a college or university, impacting the institution's class sizes, resources, and overall atmosphere.

Income Falls

Describes a situation where there is a decrease in the amount of money earned from employment, investments, or other financial sources.

College Education

A level of education beyond high school, typically involving undergraduate and graduate studies at colleges or universities.