The Term ____ Refers to the Programs or Instructions Used

question 29

Multiple Choice

The term ____ refers to the programs or instructions used to tell the computer hardware what to do.

• A) hardware
• B) port
• C) software
• D) adapter

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Definitions:

Compounded Annually

The process by which interest is calculated on an investment or loan annually, with each year's interest added to the principal.

Interest Rate

The percentage at which interest is charged or paid on a loan or investment over a specific period.

Future Value

The estimated value of an investment at a specified date in the future, given a certain rate of interest or rate of return.

Annuity Factor

A factor used to calculate the present value of an annuity, representing the number of payment periods.