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WAN stands for wireless access network. ____________________
Pay-as-you-go
A pricing model where customers only pay for the resources or services they use, avoiding upfront costs and allowing for flexible budget management.
Grid Computing
A technology that connects geographically dispersed computers to create a virtual supercomputer for processing intensive tasks.
Utility Computing
A service provisioning model in which computing resources are provided and billed like traditional utilities such as electricity.
Variable Rate
An interest rate that can change over the duration of a loan, typically based on underlying benchmarks or indexes affecting the cost of lending.
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