Discuss an Application of Intelligent Agents That Is in Use

question 111

Essay

Discuss an application of intelligent agents that is in use today.

Calculate the length of the loan period given the interest rate, principal, and total interest.

Apply knowledge of simple interest to real-world business and personal finance situations.

Understand the concept of simple interest and its real-world application.

Calculate the period of a loan given the principal amount, total repayment, and interest rate.

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Definitions:

Field Selector

A tool or feature in software applications that allows users to choose specific fields or data elements from a database or dataset for operations like sorting and filtering.

One-To-Many Relationship

A relationship in database design where a record in one table can relate to multiple records in another table, signifying a hierarchical structure.

Default Value

The initial value assigned to a variable, field, or parameter if no other value is specified.

Default Value

A pre-set value assigned to a field or parameter that is used if no other value is entered by the user.