Arrays Are ________

question 37

Multiple Choice

Arrays are ________.

• A) variable-length entities
• B) fixed-length entities
• C) data structures that contain up to 10 related data items
• D) used to draw a sequence of lines, or "rays"

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Definitions:

Future Value

Financial value of an asset or cash set for a future date, equivalent to a fixed present sum.

Annuity

A financial instrument that provides a consistent series of payments to a person, often utilized in planning for retirement.

Continuous Compounding

The process of calculating interest on an investment or loan continuously, leading to the accumulation of interest upon interest, often resulting in higher yields.