When a Variable Ceases to Exist at the End of a Method

question 2

Multiple Choice

When a variable ceases to exist at the end of a method, programmers say the variable ____.

• A) is undeclared
• B) is out of memory range
• C) goes out of scope
• D) is lost

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Definitions:

Payment Interval

The regular schedule at which payments are made, such as monthly or quarterly.

Periodic Interest Rate

The interest rate applied to a loan or investment over a specific period of time, shorter than a year.

Annuity

A fiscal tool that guarantees fixed periodic payments to a beneficiary, usually as a component of retirement planning.

Payment Interval

The interval at which payments are issued, like monthly, every three months, or once a year.