A System in Which Information Is Conducted in a Single

question 25

Multiple Choice

A system in which information is conducted in a single route through its various components,like a string through beads,is called a

• A) parallel system.
• B) functional system.
• C) hierarchical system.
• D) serial system.
• E) none of the above

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Definitions:

Compounded Annually

A method of interest calculation where interest is added to the principal once a year.

Accumulate

To gather or collect, often a gradual increase of items or value over time.

Invest

The act of allocating resources, usually money, with the expectation of generating an income or profit.

Compounded Annually

Involves the process where interest is added to the principal sum at the end of each year, for the purpose of calculating the next year's interest.