A Company That Can Build a Project That Will Cost

question 197

True/False

A company that can build a project that will cost $50,000, but returns $52,000 in one year would make a good decision by turning this project down if the interest rate were 3 percent.

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Definitions:

Optical Storage Devices

A form of secondary storage in which a laser reads the surface of a reflective plastic platter.

Primary Storage

The main area in a computer where data is stored for quick access by the CPU, often referred to as RAM (Random Access Memory).

Cache Memory

A small, faster type of volatile computer memory that provides high-speed data access to a processor and stores frequently used computer programs, applications, and data.

RAM

Random Access Memory, a form of computer memory that can be read and changed in any order, typically used to store working data and machine code.