Perform the Modular Arithmetic Operation

question 88

Multiple Choice

Perform the modular arithmetic operation.
-[(11 ∙ 4) + 4] (mod 8)

• A) 7
• B) 1
• C) 0
• D) 3

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Definitions:

Semiannual Interest

Interest that is paid or calculated twice a year, often used in bond payments.

Compounded Annually

This term describes interest on an investment that is calculated once a year, where the interest added also earns interest in subsequent years.

Withdrawals

Money taken out from a business by its owners for personal use.

Compound Interest

Interest calculated on the initial principal as well as the accumulated interest of previous periods of a deposit or loan.