When Used by Itself, the Ios::app Flag Causes the File's

question 19

True/False

When used by itself, the ios::app flag causes the file's existing contents to be deleted if the file already exists.

---

Definitions:

Compound-Interest GIC

A Guaranteed Investment Certificate (GIC) where interest is compounded periodically and added to the principal balance, leading to interest earnings on interest.

Maturity Value

The amount that will be payable to the holder of a financial instrument at the date of its maturity, incorporating the principal and any interest earned.

Dollar Amount

A specific sum of money expressed in units of the currency of the United States or another country.

Equivalent Payment

A financial term referring to a payment that has the same value as another in terms of interest rates, periods, or other relevant factors.