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When the Operand on the Left Side of the

question 17

Short Answer

When the operand on the left side of the * symbol is a string and the operand on the right side is an integer, it becomes the _______________ operator.


Definitions:

Perpetuity

A type of annuity that generates an infinite series of payments into the future, without an end date.

Present Value

The value now of a future monetary total or cash flows, based on an established return rate.

Cash Flow

The overall flow of cash and assets similar to cash entering and exiting a corporation.

Present Value

The value today of a sum of money expected in the future or a series of financial inflows, calculated with a specified rate of interest.

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