The Term ____________________ Refers to Either Contact Points or the Electronic

question 22

Short Answer

The term ____________________ refers to either contact points or the electronic device that signals the module to make and break the primary circuit in the coil.

---

Definitions:

Future Value

The value of an investment or a sum of money projected at a future date, calculated by applying interest or growth rates to the present value.

Time Value

The theory that a sum of money is more valuable if it's available immediately, rather than the same amount in the future, because of its earning capabilities.

Interest Rate

The percentage of a loan amount charged by the lender to the borrower for the use of money, typically expressed on an annual basis.

Present Values

This concept calculates the current worth of a future sum of money or stream of cash flows given a specified rate of return.