_____ Are Best Described as Specialized Internet Sites, Which Provide

question 45

Multiple Choice

_____ are best described as specialized Internet sites, which provide a platform to interact for businesses, specifically those involved in business-to-business (B2B) transactions.

• A)Social networking sites
• B)E-marketplaces
• C)Blogs
• D)I-commerce sites

---

Definitions:

Monthly Compounded

Interest calculation method where interest is added to the principal sum of a loan or deposit each month, leading to interest on interest.

Monthly Compounding

Calculation of interest on the principal sum plus any previously earned interest on a monthly basis.

Semiannual Compounding

The process of calculating interest on both the initial principal and the accumulated interest over two periods within a year.

Effective Interest

The actual interest rate earned or paid on an investment or loan over a specified period, taking into account the effect of compounding.