_______________ Store Nothing More Than Long Strings of Ones and Zeros

question 46

Short Answer

_______________ store nothing more than long strings of ones and zeros.

---

Definitions:

Semiannual

Pertaining to an event or action occurring twice a year, often used in the context of payments or interest calculations.

Interest Earn

The income received from lending money or depositing funds in interest-bearing accounts.

Compounded Monthly

This refers to the process of calculating interest on an initial principal, which also includes all of the accumulated interest from previous periods on a loan or deposit, on a monthly basis.

Present Value

The present value of a future amount of money or sequence of cash flows when discounted at a certain rate of return.