What Is the Term for a Named Location in Computer

question 15

Multiple Choice

What is the term for a named location in computer memory that can hold different values at different points in time?

• A) variable
• B) constant
• C) literal constant
• D) alias

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Definitions:

Present Amount

The present value of an anticipated amount of money or series of cash flows, assessed by a predetermined rate of return.

Interest Rate

The percentage at which interest is paid by a borrower for the use of money that they borrow from a lender.

Received

Pertains to the act of acquiring or getting something from another party.

Repay

To make a payment back to a lender or party from whom one has borrowed money or to whom one owes money.