What Is the Purpose of the Following UML Diagrams: Class,use

question 45

Essay

What is the purpose of the following UML diagrams: class,use case,sequence,and activity?​

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Definitions:

Compounded Quarterly

A method of calculating interest where the interest is added to the principal balance four times a year.

Extinguish

To put an end to something, such as a debt or obligation, by payment or other settlement.

Payment

The act of transferring money or other valuable items in exchange for goods, services, or to fulfill a contractual obligation.

Compounded Semi-annually

Refers to the process where the interest earned on an investment is calculated and added to the principal amount every six months.