Mainframe Computers Cost Anywhere from $5,000 to $5 Million and Are

question 55

True/False

Mainframe computers cost anywhere from $5,000 to $5 million and are capable of performing millions of instructions for large organizations.

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Definitions:

Present Value

The valuation in today's terms of a future sum or series of financial inflows, taking into account a particular rate of return.

Investment Cost

Investment cost refers to the total amount of money spent to acquire an asset, including purchase price and all associated expenses.

Metal Stamping Press

A machine used in the manufacturing sector to shape or cut metal into a desired form by pressing or punching.

Automated

The use of technology or machinery to perform tasks without human intervention.