In 1993, the University of Illinois Released the First Web

question 41

True/False

In 1993, the University of Illinois released the first Web browser, named Mosaic.

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Definitions:

Perpetuity

An annuity that pays a fixed amount of money indefinitely.

Monthly Benefits

Regular payments received by an individual, typically from a pension or retirement fund, on a monthly basis.

Compounded Monthly

Interest calculation method where interest accrued is added to the principal sum each month, leading to an increase in the subsequent month's interest calculation.

Interest Rate

The percentage at which interest is paid by a borrower for the use of money that they borrow from a lender.