A Numeric Literal Such as 3

question 150

Multiple Choice

A numeric literal such as 3.5 is considered by the compiler to be a ____________.

• A) real number
• B) floating-point value
• C) decimal literal
• D) double literal

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Definitions:

Constant Rate

This term refers to a fixed rate over a period of time, often used in the context of financial instruments with fixed interest rates.

Projected Increase

An estimate or forecast of the amount by which something is expected to grow within a certain time frame.

Required Rate of Return

The minimum annual return percentage necessary to attract individual or corporate investment into a specific security or project is known as the required rate of return.

Constant Growth Rate

The assumption that a variable, such as a company’s dividends or economy, will grow at a consistent rate over time.