Hard Drives, Magnetic Tapes, and Zip Disks Are Examples of ____

question 4

Multiple Choice

Hard drives, magnetic tapes, and Zip disks are examples of ____.

• A) magnetic storage devices
• B) optical storage devices
• C) solid-state storage
• D) remote storage

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Definitions:

Borrower's Payment

The amount of money a borrower is required to pay back to a lender, often on a regular schedule, including both principal and interest.

Present Value

The current worth of a future sum of money or stream of cash flows given a specified rate of return, used in discounting to assess investment opportunities.

Number of Periods

A figure representing the count of time intervals, such as months or years, in various financial calculations.

Compounded Annually

Refers to the process whereby the interest earned on an investment is added to the principal at the end of each year, and the following year's interest calculation includes the added interest from the previous year.