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In January 1984 Apple Computer Released the Macintosh

question 47

Short Answer

In January 1984 Apple Computer released the Macintosh. The Macintosh is notable because it was the first commodity personal computer with a __________________.


Definitions:

Present Value

The current value of a future sum of money or stream of cash flows, given a specified rate of return.

Interest Rate

The percentage of a sum of money charged for its use, often expressed on an annual basis.

Payment

The transfer of money or goods from one party to another in exchange for goods, services, or to fulfill a legal obligation.

Present Value

The contemporary valuation of future financial sums or sequences of cash flow, when factoring in a specific rate of return.

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