A File Extension Is a Three- or Four-Letter Sequence, Preceded

question 18

True/False

A file extension is a three- or four-letter sequence, preceded by a period, that identifies the file as a particular type of document.

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Definitions:

Bond Price

The amount of money investors are willing to pay for a bond, which can fluctuate based on interest rates, credit risk, and other factors.

Perpetuity

A type of financial instrument that pays a fixed sum to the holder indefinitely, without a maturity date.

Yearly Payment

An amount of money that is paid once every year, often related to loans, leases, or other financial agreements.

Interest Rate

The amount charged by lenders to borrowers for the use of assets, expressed as a percentage of the principal.