An Office Web App Includes All of the Features and Functions

question 17

True/False

An Office Web App includes all of the features and functions included with the full Office version of its associated application.

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Definitions:

Discounted

The process of determining the present value of a future amount by applying a discount rate.

Simple Interest

Simple interest is a way of calculating interest where the amount earned or paid is based on the original principal and does not compound.

Face Value

The nominal or dollar value printed on a security or financial instrument, such as a bond or stock certificate.

Interest Rate

The percentage of a loan that is incurred as interest by the borrower, usually represented as an annual percentage of the outstanding loan amount.