________ Apps Are Offered at No Cost for Basic Features

question 67

Multiple Choice

________ apps are offered at no cost for basic features but allow in-app purchases for premium features and functionality.

• A) Freemium
• B) Premium
• C) Low-cost
• D) Free

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Definitions:

Bushels

A unit of volume that is commonly used in agriculture, especially for measuring grains.

Interest Rates

The proportion of a loan or savings amount that is charged as interest to the borrower, typically expressed as an annual percentage.

Put Option

A monetary contract enabling the holder the choice, though not the requirement, to sell an established amount of a base asset at a predetermined rate within a set timeframe.

Hedge

An investment made to reduce the risk of adverse price movements in a security, often by taking an offsetting position in a related security.