Using the Grammar Notation in Your Textbook, the Expression ≪digit>

question 24

Multiple Choice

Using the grammar notation in your textbook, the expression <digit> ::= 0 | 1 | 2 means:

• A) "digit must be equal to 012"
• B) "digit can be replaced with 1 or 2"
• C) "digit must start with 0 then 1 then 2"
• D) "digit can be replaced with 0 or 1 or 2"

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Definitions:

Present Value

The value today of a sum of money or series of payments expected in the future, adjusted for a certain rate of return.

Interest Rate

The cost of borrowing money or the return on investment, expressed as a percentage of the amount borrowed or invested.

Usury Law

A law that establishes the highest interest rates that lenders can apply to borrowed money.

Loaned Out

Refers to resources or money that has been borrowed out to individuals or entities under an agreement to be repaid, typically with interest, over a certain period.