Disk Image Is Software for Data Recovery and Relieves the Burden

question 46

True/False

Disk image is software for data recovery and relieves the burden of reinstalling applications if a hard drive crashes or becomes irretrievably corrupted.

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Definitions:

Compounding

The process of accumulating interest in an investment over time to earn more interest.

Effective Annual Rate

The annualized rate of interest on a loan or financial product, adjusted for the effects of compounding.

Continuous Compounding

A mathematical approach where interest earnings are immediately reinvested to generate additional earnings continuously.

Stated Rate

The annual interest rate stated on a financial instrument, such as a loan or bond, not adjusting for compounding or fees.