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Software That Allows Multiple Users to Edit and Run Their

question 24

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Software that allows multiple users to edit and run their programs simultaneously on the same computer is called


Definitions:

Compounded Semiannually

Refers to the process where interest is calculated and added to the principal amount of an investment or loan twice a year.

Total Payment

The sum amount paid over the duration of a loan or installment plan, including both the principal amount and the interest.

Future Value

A future specified date's asset or cash worth that is equivalent to a predetermined sum currently.

Present Value

The immediate value of a prospective sum of money or succession of payments, with a certain rate of return.

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