At the Most Basic Level, Computers Work Through Three Stages

question 47

Short Answer

At the most basic level, computers work through three stages (input, processing, and output) known as the _______________.

---

Definitions:

Market Rate

The current price in the marketplace at which an asset can be bought or sold.

Face Value

The nominal or dollar value printed on a security or financial instrument, such as a bond or stock certificate, representing its value at issuance.

Bonds' Market Value

The current price at which a bond is trading in the market, which can be above (at a premium) or below (at a discount) its face value.

Prices Quoted

The stated prices for goods or services offered to customers, which can be subject to negotiation or change.