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In the Design Phase of the Systems Development Life Cycle

question 63

Multiple Choice

In the design phase of the systems development life cycle (SDLC) ,the _____ is an overview of the system and does not include hardware or software choices.


Definitions:

Compounded Quarterly

Interest calculation method where the interest earned is calculated and added to the principal four times a year.

Monthly Compounded

Interest calculation method where interest is added to the principal sum of a loan or deposit each month, leading to interest on interest.

Monthly Compounding

Calculation of interest on the principal sum plus any previously earned interest on a monthly basis.

Semiannual Compounding

The process of calculating interest on both the initial principal and the accumulated interest over two periods within a year.

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