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_____ Is a Technique in Which Computers Are Designed with Many

question 71

Multiple Choice

_____ is a technique in which computers are designed with many microprocessors that work together, simultaneously, to solve problems.

Convert annual interest rates to monthly rates.
Calculate simple interest on a monthly basis.
Compute net balances, finance charges, and new balances under various credit terms.
Complete loan amortization schedules and solve effective rate problems.

Definitions:

Flow-Through Entity

A legal business entity where income flows through to investors or owners; the entity itself is not taxed but the individuals receiving the income are.

C Corporation

A legal structure for a corporation where the owners, or shareholders, are taxed separately from the entity.

Sole Proprietorship

A business structure in which one individual owns all of the company's assets, is responsible for its debts, and reports its business income on their personal tax return.

Non-Profit

An organization dedicated to furthering a particular social cause or advocating for a shared point of interest and does not distribute its surplus funds to owners or shareholders.

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