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For Data Communications, Both the Beginning and End of the Journey

question 53

True/False

For data communications, both the beginning and end of the journey require a connection to a modem.


Definitions:

Previous Balance

The amount of money owed or available in an account before the latest transactions.

Cycle Closing

The process of concluding a billing or operational period at the end of a cycle.

Simple Interest

The fundamental interest calculation.

Monthly Basis

A frequency term that indicates something occurs every month or is calculated on a monthly basis.

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