Examlex
Which of the following types of computer software utilities translates a file from one format to another so that it can be used by an application other than the one used to create it?
Lump Sum Payment
A one-time payment made specifically rather than multiple smaller payments over time.
Obligations
Duties or responsibilities imposed legally or socially, requiring a person or entity to act or refrain from acting in a certain manner.
Compounded Monthly
Interest on a loan or investment calculated each month and added to the balance, so future interest accrues on a larger total.
Savings
Money set aside for future use rather than spending immediately.
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