If an Application Expects the User to Enter a Seven-Digit

question 29

True/False

If an application expects the user to enter a seven-digit phone number or a five-digit ZIP code,the application's code should verify that the user entered the required number of characters.

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Definitions:

Required Rate of Return

The minimum annual percentage earned that an investment must generate to avoid loss to the investor.

Present Value

The current value of a future amount of money or stream of cash flows given a specified rate of return.

Cash Inflows

The total amount of money entering a company, typically from operations, financing, and investing activities.

Rate of Return

A measure of the profitability of an investment, indicating the percentage of invested money gained or lost relative to its initial cost.