Toyota's Prius,the First Mass-Produced Hybrid-Electric Car Is an Example of a Radical

question 60

True/False

Toyota's Prius,the first mass-produced hybrid-electric car is an example of a radical innovation as changed the industry by providing new functionalities for users.

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Definitions:

Loan

Money that is borrowed from a bank, financial institution, or individual under the condition that it will be paid back with interest.

Compounded Quarterly

Compounded quarterly refers to calculating interest on the principal amount and the accumulated interest every quarter, or four times a year.

Quarterly Withdrawals

Withdrawals from an account or fund that occur four times each year, typically every three months.

Education Fund

A savings or investment account set aside for the purpose of funding educational expenses.