Application Classes Frequently Instantiate Objects That Use the Objects of Other

question 21

True/False

Application classes frequently instantiate objects that use the objects of other classes.

---

Definitions:

Mortgage

A loan used to purchase a property, secured by the real estate itself, typically paid back over a long term with interest.

Interest

The charge for borrowing money, typically expressed as an annual percentage rate.

ARM

Adjustable Rate Mortgage; a type of mortgage loan where the interest rate varies throughout the loan period based on an index.

Equity

The amount of a home that an owner actually owns.