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Many Database Programs Perform Which of the Following in Order

question 142

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Many database programs perform which of the following in order to analyze entered data to help ensure that it is correct?


Definitions:

Compounded Annually

The process of calculating interest on both the initial principal and the accumulated interest from previous periods on a yearly basis.

Interest Rate

The percentage of the principal that is paid as a fee over a certain period of time for the use of borrowed money.

Compounded Semiannually

The process of applying interest to an initial sum plus any previously earned interest, calculated twice a year.

Interest Rate

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

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