Question: A 529 plan allows for the largest annual contributions and can be owned by the individual attending college without forfeiting benefits? a. True b. False

A 529 plan allows for the largest annual contributions and can be owned by the individual attending college without forfeiting benefits?

a. True

b. False

A(n) ____________ in the loan interest rate or a(n) _____________ in the loan duration, all other things being constant, will increase the monthly auto loan payment.

a. increase; increase

b. decrease; increase

c. decrease; decrease

d. increase; decrease

Automobiles should be considered an investment because they appreciate in value over time.

a. True

b. False

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