Suppose That Ch1 and Ch2 Are Char Variables and the Input

question 22

Multiple Choice

Suppose that ch1 and ch2 are char variables and the input is: WXYZ
What is the value of ch2 after the following statements execute?

• A) W
• B) X
• C) Y
• D) Z

---

Definitions:

Simple Interest

Interest calculated on the principal portion of a loan or deposit, without compounding over time.

GICs

Guaranteed Investment Certificates, a type of Canadian investment that offers a guaranteed rate of return over a fixed period of time.

Compounded Annually

Interest on an investment calculated once a year, taking into account both the initial principal and the interest from previous periods.

Maturity Value

The amount payable to an investor at the end of a bond's term or at the time of maturity, including both the principal and interest.