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Broad Network Access,measured Service,resource Pooling,and Rapid Elasticity Are Essential Characteristics

question 7

Multiple Choice

Broad network access,measured service,resource pooling,and rapid elasticity are essential characteristics of ___________.


Definitions:

Interest-Bearing Note

A debt instrument in which the borrower promises to pay the lender a fixed amount of interest in addition to repaying the principal.

60-Day Note

Definition: A financial instrument, or promissory note, that requires the borrower to pay back the principal balance along with any interest in 60 days.

Maturity Value

The total amount payable to an investor at the end of a debt security's life, including both the principal and any accrued interest.

Interest Rate

The percentage charged by a lender to a borrower for the use of assets, typically expressed as an annual percentage of the principal.

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