The Utilization of Remote Computing Resources Over the Internet Is

question 14

Multiple Choice

The utilization of remote computing resources over the Internet is called

• A) cloud computing.
• B) distributed computing.
• C) lend-leasing.
• D) parallel computing.
• E) WiFi.

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Definitions:

Compounded Annually

Describes the process of calculating interest on both the initial principal and the accumulated interest from previous periods once a year.

Present Value

The present value of a future amount of money or series of cash flows using a predetermined rate of return.

Perpetuity

A financial term for a stream of cash payments that continue indefinitely.

Semi-Annually

A term indicating something occurs twice a year.