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In coding, computers use a number system called?

binary

The number system a computer uses has 2 digits, what are they?

1 and 0

The following services are some of those typically offered by a bank. Describe each one.

1. Checking accounts: a deposit account held at a financial institution that allows withdrawals and deposits. 2. Savings accounts: a bank account that earns interest. 3. 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 4. Auto loans: allows you to borrow money from a lender and use that money to purchase a car

What is credit?

Credit is money that you borrow with the promise of paying it back and then some, in the future.

What is RAM (Random Access Memory)?

The hardware in a computing device where the operating system (OS), application programs and data in current use are kept so they can be quickly reached by the device's processor.

What is a CPU (Central Processing Unit)?

The primary component of a computer acts as its "control center."

Name 6 of the main expenses that are typically considered when calculating the cost of living.

food Housing or shelter transportation energy clothing healthcare

Add numbers using binary code

(Table of codes will be provided.) For example: 1001+0001=1010 = 9+1=10 1010 in binary code is 10

What is a hard drive in a computer?

A kind of technology that stores the operating system, applications, and data files such a documents, pictures, and music that your computer uses.

Define "cost of living"?

How much it costs to live in certain areas

Demonstrate how to write an algorithm and then, translate it into an arrow code.

How to write an algorithm: In Code: Move one block right. * (right arrow) Move one block right. * (right arrow) Decode and Encode using the binary code alphabet. (Table of codes will be provided.)

Decode and Encode using the binary code alphabet.

Table of codes will be provided.) For example: In the alphabet the letter "a" is 01100001 in binary code. You "read" the last 5 digits in the code to get the letter.

What are some advantages of using credit?

You are able to afford things that you wouldn't be able to afford otherwise.

What are some disadvantages of using credit?

You can easily get into lots of debt, and you can damage your credit score. This can affect your ability to secure loans or bank accounts in the future.