What is an amortization schedule and what is its purpose?
What will be an ideal response?
An amortization schedule is a table that calculates the interest and principal payments along with the remaining balance of the loan after each period. It provides the potential borrower of a loan with more information about each periodic payment and therefore can help to make a more informed decision on which loan is best.
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Using the UML graphical notation for object classes, design the following object classes, identifying attributes and operations. Use your own experience to decide on the attributes and operations that should be associated with these objects.
• a messaging system on a mobile (cell) phone or tablet • a printer for a personal computer • a personal music system • a bank account • a library catalogue
What is the SFC tool, and how can it be used to identify files that may need manual replacement?
What will be an ideal response?