If You Set 100 as the Default Value Property for the Rate

question 732

True/False

If you set 100 as the Default Value property for the Rate field, 100 is inserted in the Rate field for all new records only.

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Definitions:

Market Rate

The prevailing price or interest rate at which goods, services, or securities are traded in a free market.

Interest

The charge for borrowing money or the return on investment in savings accounts or bonds, typically expressed as a percentage.

Living Standard

The degree of prosperity, ease, physical items, and essential needs accessible to an individual, community, or social group.

Per Capita

A statistical measure that divides a total figure by the population number, providing an average per person.