An Online Drugstore Such as Drugstore

question 71

Multiple Choice

An online drugstore such as Drugstore.com is an example of a(n) ________.

• A)single-user database application
• B)multiuser database application
• C)e-commerce database application
• D)A or B
• E)Any of A,B,or C

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Definitions:

Personal Loan

An unsecured loan provided by financial institutions based on the borrower's credit history and income.

Compounded Annually

Refers to the process of calculating interest on both the initial principal and the accumulated interest from previous periods, done once a year.

Monthly Payment

A fixed amount of money paid every month, often used in the context of loan or mortgage repayments.

Compounded Semi-annually

Refers to the process of applying interest to an initial sum and any accumulated interest on a semi-annual basis.