In C++ Global and Local Numeric Variables Are Initialized to Zero

question 9

True/False

In C++ global and local numeric variables are initialized to zero by default.

---

Definitions:

Term of Loan

The duration over which a loan agreement is in effect, encompassing the time by which the loan must be repaid.

Rate of Return

The gain or loss on an investment over a specific period, expressed as a percentage of the investment's cost.

Nominal Rate

the interest rate before adjustments for inflation, often cited in loan and savings agreements.

Compounded Annually

Interest on a loan or investment is calculated once a year, with each year’s interest added to the principal for the subsequent year’s interest calculation.