______________ Systems Are Computerized Advisory Programs That Imitate the Reasoning

question 32

Short Answer

______________ systems are computerized advisory programs that imitate the reasoning processes of experts in solving difficult problems.

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Definitions:

Effective Annual Return

The interest rate on an investment on an annual basis, accounting for the effect of compounding more than once per year.

Nominal Interest

The rate of interest before adjustments for inflation; the stated interest rate on a financial product.

Compounding

The process of finding the future value of a single payment or series of payments.

Amortized

The process of gradually paying off debt through a series of fixed payments over time, which cover both principal and interest.