Although the Hardware and Software Costs to Set Up a Database

question 115

True/False

Although the hardware and software costs to set up a database may seem expensive, long-term benefits exceed the initial costs.

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Definitions:

Natural Disasters

Severe and unexpected natural events that can cause significant damage to life, property, and the environment.

Insurance Companies

Businesses that provide coverage, in the form of compensation resulting from loss, damage, injury, treatment, or hardship in exchange for premium payments.

Required Rate

The minimum annual percentage earned by an investment that will persuade the individual or company to invest.

Coupon Rate

Each year's interest percentage provided by a bond, against its nominal value.