Critical Thinking Questions Case 5-1 Your Neighbor Perry Is Uncertain

question 3

Multiple Choice

Critical Thinking Questions Case 5-1 Your neighbor Perry is uncertain what the significance of file extensions is, and he has a bunch of files that he would like to be able to recognize by their extensions alone. You tell him that you will help him out. There's one extension that Perry cannot recognize. What application do you tell him works with files with the .odt extension?

• A) Microsoft Word 2013
• B) Google Docs
• C) XPS Viewer
• D) Microsoft Works

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Definitions:

Market Interest Rate

The prevailing rate of interest that is available on investments, influencing the cost of borrowing and lending money.

Periodic Bond Interest

Regular interest payments made to bondholders during the life of a bond.

Present Value

The current value of a future sum of money or stream of cash flows given a specified rate of return, used in discounting and investment appraisal.

Bond Discount Account

An accounting term representing the difference between the face value of a bond and its selling price when sold at less than its face value.