List Web Site Hosting Options for an Online Business and Explain

question 29

Essay

List Web site hosting options for an online business and explain why domain names are important.

Understand the concept of simple interest and its computation.

Calculate future values and present values using compound interest, including for specific future cash needs.

Identify the difference between simple interest and compound interest.

Determine the future value of annuities using the concepts of ordinary annuity and annuity due.

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Definitions:

Mortgage Loan

A loan secured by the collateral of specified real estate property, which the borrower is obliged to pay back with a predetermined set of payments.

Compounded Monthly

Interest calculation method where interests earned themselves earn interest, recalculated on a monthly basis.

Interest

The cost of borrowing money or the payment received for deposit funds, usually expressed as a percentage rate over a period of time.

Present Value

Today's equivalent monetary worth of future cash sums or flows, discounted at a specific rate of return.