The Purpose of a Database Is to Keep Track of Things

question 17

True/False

The purpose of a database is to keep track of things that involve a single theme.

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Definitions:

Lottery

A form of gambling involving the drawing of numbers at random for a prize.

Compounded Monthly

Interest on an investment or loan calculated monthly and added to the principal sum for future interest calculations.

Pay Off

To settle a debt or obligation by making a payment, either in partial settlements or in full, to clear the owed amount.

Car Loan

A car loan is a financial agreement where a lender provides funds to a borrower for the purchase of a vehicle, which is paid back with interest over a set period.