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Donald and His Tech Team Are Working on Creating a New

question 69

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Donald and his tech team are working on creating a new smartphone. They want companies to know be able to use location data to market to customers. Which feature of mobility are they concerned with?


Definitions:

Ordinary Annuities

Ordinary annuities are a series of equal payments made at the end of consecutive periods over a fixed length of time.

Perpetuity

A financial term referring to a security or form of investment that pays an infinite series of cash flows with no end date.

Endowment Fund

A financial asset, in the form of donations, made to non-profit organizations that uses the generated income for a specific purpose.

Present Value

Present value is the current worth of a future sum of money or stream of cash flows given a specified rate of return, used in discounted cash flow analysis to assess the profitability of an investment.

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