If You Put $500 in a Savings Account and Make

question 61

Multiple Choice

If you put $500 in a savings account and make no further deposits,what type of calculation would provide you with the value of the account in 10 years?

• A)Future value of a single amount
• B)Simple interest
• C)Present value of a single amount
• D)Present value of a series of deposits
• E)Future value of a series of deposits

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MiFi

A portable broadband device that enables users to create a personal hotspot and connect several mobile devices to the internet wirelessly.

WiMAX

Worldwide Interoperability for Microwave Access, a wireless communication standard designed for providing broadband wireless access over long distances.

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Wireless communication networks made up of cells, allowing mobile phones and other devices to connect to the internet and each other over large areas.

Digital Signals

A representation of data in a sequence of discrete values, as opposed to continuous or analog signals.