Examlex

Solved

The Computing Power of Microcomputers Currently Exceeds That of the Mainframe

question 18

True/False

The computing power of microcomputers currently exceeds that of the mainframe computer of previous generations, at a fraction of the cost.


Definitions:

Yield Rate

The income return on an investment, such as the interest or dividends received, expressed annually as a percentage based on the investment's cost, current market value, or face value.

Strip Bond

A debt security that has had its principal and coupon payments detached and sold separately.

Compounded Semi-annually

Interest calculated on the initial principal and the interest that has been added on a bi-annual basis.

Inflation Rate

The rate at which the general level of prices for goods and services is rising, and, subsequently, purchasing power is falling.

Related Questions