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Version Control Reduces the Possibility of Having More Than One

question 16

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Version control reduces the possibility of having more than one version of the data on different computers.


Definitions:

Interest Costs

The total cost incurred by borrowing funds, expressed as the interest rate multiplied by the principal over a given period.

Percentage Discount

A percentage discount refers to a reduction in price on goods or services based on a specified percentage of the original price.

Periodic Interest Rate

The interest rate applied to a loan or investment for a specific period, shorter than a year, such as monthly or quarterly.

Annuity

An annuity is a financial offering that ensures a regular payout to an individual, chiefly employed as a means of financial support for retired persons.

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