Examlex

Solved

One Use of A(n) ____ Might Be to Support E-Commerce

question 45

Multiple Choice

One use of a(n) ____ might be to support e-commerce to allow retailers to purchase inventory directly or to pay bills online.


Definitions:

Required Rate

The minimum rate of return expected by investors on an investment or project.

Growing Annuity

An annuity that increases at a proportionate rate during the period of the contract, typically to combat inflation.

Annuity Growth Rate

The rate at which the value of an annuity investment increases over time.

Compounded Annually

A method of calculating interest in which the interest earned each year is added to the principal, so that the balance doesn't merely grow, it grows at an increasing rate.

Related Questions