You Want to Make a One-Time Deposit Today That Will

question 98

Multiple Choice

You want to make a one-time deposit today that will increase in value to $100 at the end of this year.Which rate of interest will allow you to deposit the least amount today to reach this goal?

• A)3)8%
• B)2)6%
• C)2)9%
• D)3)6%
• E)3)4%

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Digit or Letter

A term categorizing alphanumeric characters, including both digits (0-9) and letters (A-Z, a-z).

Boxing

A process of converting a primitive type into its corresponding object type, enhancing the functionality of the primitive value by allowing it to interact with methods.

Unboxing

The automatic conversion of an object from a wrapper class (like Integer) to its corresponding primitive type (like int) in Java.

Package

In programming, a namespace that organizes classes and interfaces by functionality, making the code easier to manage and use.