Question

which of the following is an example of a long-term savings goal?

○ madelyn wants to buy a ticket to a movie.

○ peyton wants to purchase a home to live in.

○ xavier wants to buy new wheels for his old skateboard.

○ bryan wants to purchase a hat to wear to a baseball game.

Explanation:

A long - term savings goal typically involves a large - scale purchase or financial objective that requires a significant amount of time (usually years) to achieve. Buying a movie ticket, new skateboard wheels, or a hat for a baseball game are short - term goals as they are relatively inexpensive and can be achieved quickly. Purchasing a home, however, is a major financial commitment that usually takes a long time to save for, as it involves a large sum of money for the down payment, mortgage payments over many years, etc.

Answer:

Peyton wants to purchase a home to live in.