Cyber Foundations Study Guide
In coding, computers use a number system called?
binary code
The number system a computer uses has 2 digits, what are they?
0 and 1
What are some disadvantages of using credit?
Credit almost always costs money
What are some advantages of using credit?
More convenient than carrying cash
What is credit?
the ability to borrow money or access goods or services with the understanding that you'll pay later
What is a CPU (Central Processing Unit)?
the brain of a computer, containing all the circuitry needed to process input, store data, and output results
What is a hard drive in a computer?
the hardware component that stores all of your digital content
Define "cost of living"
the level of prices relating to a range of everyday items
What is RAM (Random Access Memory)?
Your computer stores data it needs to retrieve quickly
Savings accounts
a bank account that earns interest
Auto loans
a loan that allows you to purchase two and four wheelers for personal use
Name 6 of the main expenses that are typically considered when calculating the cost of living
food, car, rent, college, utilities, other
Checking accounts
an account at a bank against which checks can be drawn by the account depositor.
Home mortgages
an agreement between you and a lender that gives the lender the right to take your property if you fail to repay the money you've borrowed plus interest
