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AlphaTech is a company that develops software to help businesses with data processing.Their software performs multiple businesses functions,including processing payrolls,generating tax information for employees,and managing performance evaluation reports.The software is hosted on a remote server maintained by AlphaTech,and client businesses can access it online.Which of the following technologies is being used by AlphaTech to perform the computing tasks for other businesses?
Interest
The charge for borrowing money, usually expressed as a percentage of the amount borrowed.
Future Value
The estimated worth of an investment or amount of money at a specific future date, taking into account factors like interest rates or investment growth.
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A financial product that pays out a fixed stream of payments to an individual, typically used as part of a retirement strategy.
Concept
An abstract idea or a general notion that forms the foundation of a project, strategy, or theory.
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