E-Book Devices Such as Kindle by Amazon Changed the Way

question 31

Multiple Choice

E-book devices such as Kindle by Amazon changed the way we read! For example, the Kindle is a software and hardware platform that requires you to learn how to use this technology, whether you buy the Kindle reader device or have the content sent to your iPhone. The Kindle would be considered a(n) :

• A)spontaneous innovation.
• B)continuous innovation.
• C)discontinuous innovation.
• D)dynamically continuous innovation.

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Definitions:

Future Net Cash Flows

The estimated amount of cash that is expected to be received or paid out in the future, after accounting for all projected income and expenses.

Present Values

The current worth of a sum of money to be received or paid in the future, discounted at a specific interest rate.

Net Present Value

A calculation that determines the current value of a series of future cash flows, discounting them by a specified rate to evaluate investments or projects.

Present Value

The present value of a future amount of money or series of cash flows, based on a particular rate of return.