When a Person Buys Something from an App Store, the Cost

question 33

Multiple Choice

When a person buys something from an app store, the cost of the item is charged to a credit card whose number often is known by the app store. On what type of device is the credit card number kept by the app store?

• A)Communications
• B)Storage
• C)Memory
• D)Input

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Definitions:

IRR (Internal Rate of Return)

A financial metric used to estimate the profitability of potential investments, calculated as the discount rate that makes the net present value (NPV) of all cash flows from a particular project equal to zero.

Discount Rate

The interest rate charged to commercial banks and other financial institutions for loans received from the central bank's discount window.

High-risk Projects

High-risk projects are those that come with a greater uncertainty regarding outcomes, potentially offering higher returns alongside increased potential for loss.

Low-risk Proposals

Refers to proposals or projects with a minimal chance of failure or loss, often associated with stable returns.