Users of Previous Versions of Word, Such as Word 97-2003

question 39

True/False

Users of previous versions of Word, such as Word 97-2003, can open files saved in the new format by default.

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Definitions:

Discount

A reduction from the usual cost of something, often applied to prompt payments or for certain groups of people like students or seniors.

Issue Price

The price at which new securities are offered to the public by an issuer.

Present Value

Today's value of a future financial sum or series of payments, calculated with a certain return rate.

Market Rate

The current price or interest rate of goods, services, or securities in the marketplace, determined by supply and demand forces.