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Sharon Does Accounting Work for Many Clients and Needs Her

question 64

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Sharon does accounting work for many clients and needs her computer to back up data as she makes changes to the files.What type of mechanism would do that?


Definitions:

Present Values

The value today of a future sum of money or cash flows, when calculated at an agreed-upon return rate.

Present Value

Present value is the current worth of a future sum of money or stream of cash flows given a specified rate of return.

Interest Rate

The percentage charged on borrowed money, or earned through deposited funds, over a period of time.

Lottery

A form of gambling that involves the drawing of numbers at random for a prize.

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