Prototyping Is the Process of Putting Together Working Models in Order

question 56

True/False

Prototyping is the process of putting together working models in order to present ideas, test aspects of design, and gather early customer feedback. The more time and care you take to build the prototype, the better.

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Definitions:

Interest Rate

The amount charged by a lender to a borrower for the use of assets, usually expressed as a percentage of the principal.

Monthly Payment

Periodic payments made towards loans, typically calculated monthly, covering interest and principal repayment.

Rate of Return

The rate of return is a measure of the profitability of an investment, calculated as the percentage of the total amount of returned income to the amount of the investment’s initial cost.

Annual Dividend

An annual profit sharing from a corporation to its shareholders, usually in the form of a payment.