What Kind of Software Consists of Programs Designed to Make

question 78

Multiple Choice

What kind of software consists of programs designed to make users more productive and/or assist them with personal tasks?

• A)application
• B)utility
• C)operating
• D)system

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Definitions:

Quarterly Payments

Payments made four times a year, typically for loans, mortgages, or other financial products.

Monthly Payments

Regular amounts paid each month towards the repayment of a loan or debt.

Nominal Rate

The interest rate stated on a loan or investment agreement, not accounting for inflation or other factors that affect the real rate of return.

Compounded Monthly

Interest on an investment calculated each month and added to the principal, increasing the amount on which future interest is computed.