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A Hierarchical Database Model Stores Information in the Form of Logically

question 125

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A hierarchical database model stores information in the form of logically related two-dimensional tables.


Definitions:

Inheritance

A legal process through which assets, titles, debts, rights, and obligations are received from someone's estate after their death.

Compounded Annually

Interest calculated on the initial principal and also on the accumulated interest of previous periods of a deposit or loan, occurring once per year.

Interest

Interest is the charge for borrowing money or the payment earned on deposited funds.

Withdrawal

The act of removing funds from an account, plan, or investment.

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