After the Execution of the Following Statement,the Variable Sold Will

question 24

Multiple Choice

After the execution of the following statement,the variable sold will reference the numeric literal value as (n) __________ data type.
Sold = 256.752

• A) int
• B) float
• C) str
• D) currency

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Definitions:

Residential Mortgage Loan

A loan secured by real property, typically a residential property, where the borrower is obliged to pay back with a predetermined set of payments.

Promissory Note

A written, legally binding promise to pay a specified sum of money to a designated person at a specified date or upon demand.

Compounded Semiannually

Interest calculation method that applies the interest to the principal balance and the accumulated interest twice each year.

Simple Annualized Yield

A calculation of investment earnings that does not account for compounding within the year, expressed as an annual rate.