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Tim Put $275 in the Bank One Year Ago and Forgot

question 82

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Tim put $275 in the bank one year ago and forgot about it.Today,the bank sent Tim a statement indicating that he now has $294.25 in his account.What interest rate did Tim earn?


Definitions:

Finalize Method

A method in Java used for cleanup just before an object is garbage collected, but its use is generally discouraged in favor of other cleanup mechanisms.

Unified Modeling Language (UML)

A standardized modeling language used in software engineering to visualize the design of a system.

Graphically

Pertaining to visual representation, especially in the context of data visualization, user interfaces, or graphical elements in applications.

Shallow Copying

The process of creating a new object and copying the field values of an existing object into it without recursively copying objects referenced by the fields.

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