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​Describe the Application Layer of the TCP/IP Model

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​Describe the application layer of the TCP/IP model.


Definitions:

Tax Rate

The segment of financial income that is requisitioned by state authorities from individuals or businesses as tax.

All Equity

A capital structure of a company or financial strategy where all financing is derived from shareholders' equity rather than combining equity with debt financing.

Leverage

Utilizing borrowed capital to amplify the possible gains from an investment.

Interest Rate

The percentage of a sum of money charged for its use, typically expressed on an annual basis.

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