What Is a Major Benefit of Using Applications on Mobile

question 17

Multiple Choice

What is a major benefit of using applications on mobile devices?

• A) Mobile devices are cheaper than personal computers.
• B) Mobile devices provide location independence.
• C) Mobile devices uniquely identify the user approaching the application
• D) Mobile devises are more secure than personal computers.

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Definitions:

Annuity

A financial product that pays out a fixed stream of payments to an individual, typically used as an income stream for retirees.

Withdraw

To remove something from consideration or usage, or to take money out of a bank account.

Invest Enough Money

The process of allocating adequate financial resources to opportunities, projects, or assets to achieve desired outcomes or returns.

Net Present Value Analysis

A method used in capital budgeting to evaluate the profitability of an investment or project by computing the present values of all cash flows related to it.