INSTRUCTIONS: Choose the word or phrase in [ ] which will correctly complete the statement.
-The first thing you need to determine in order to reach an investment goal is the [rate of return you can receive | the amount of money you need to set aside periodically].

Question

INSTRUCTIONS: Choose the word or phrase in [ ] which will correctly complete the statement. 
-The first thing you need to determine in order to reach an investment goal is the [rate of return you can receive | the amount of money you need to set aside periodically].

Quizplus · Accepted Answer

The statement refers to determining the rate of return you can receive on your investment, which is the first step in creating an investment plan. The amount of money you need to set aside periodically is not the first step, but rather a calculation that would come later in the process after determining the rate of return.

INSTRUCTIONS: Choose the Word or Phrase in [ ] Which