The Annual Interest Earned on an Amount Deposited into a Bank

question 28

True/False

The annual interest earned on an amount deposited into a bank account will increase each year when simple interest is used.

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Definitions:

Bluetooth

A wireless technology standard for exchanging data over short distances using short-wavelength radio waves.

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Terminal Window

A text-based interface program that allows the user to interact with the operating system or software by entering commands through a keyboard.

Drive Wipe

A technique that can be used to eradicate personal or corporate data from a hard drive before donating or reusing a computer.