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The Following Statement Will Output $5

question 37

True/False

The following statement will output $5.00 to the screen:
cout << setprecision(5) << dollars << endl;


Definitions:

Deposit

A sum of money placed into an account or given to a party as security for the performance of an agreement.

Daily Interest Rate

The interest rate expressed as a daily figure, often used in calculating interest on loans or savings on a day-to-day basis.

Collection Float

The time period between when a check is deposited and when the funds become available in the company's account.

Cheques

Written orders to a bank to pay a specified amount from the writer's account to the person in whose name the cheque has been issued.

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