Open Source Software Is Free but Often an Organization Will

question 37

True/False

Open source software is free but often an organization will have to pay for training and technical support for the software.

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Definitions:

Compounded Continuously

The process whereby interest is calculated on an initial principal and subsequently on the accumulated interest of previous periods, assuming the compounding occurs infinitely within a given time.

Effective Annual Rate

The actual interest rate an investment, loan, or savings account will yield after accounting for compounding.

Rate

The percentage or proportion of a specific quantity or value, often used in contexts like interest rates, return rates, or growth rates.

Compounded Monthly

The process of calculating interest on an investment or loan on a monthly basis, where the accrued interest is added to the principal.