Why Would You Use an MD5 Algorithm

question 13

Multiple Choice

Why would you use an MD5 algorithm?

• A) to hide sensitive information
• B) to ensure data authenticity
• C) for secure data transfers
• D) to recover corrupted information

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Definitions:

Maturity Value

The total amount due or payable at the end of a loan or investment period, including the principal and any accrued interest.

Daily Interest

Interest calculation method where interest is calculated daily on the principal amount, either leading to faster growth in savings accounts or quicker payoff in loans.

Simple Interest

A method of calculating interest where the interest charge is computed only on the principal amount and not on the interest that has accumulated.

Savings Account

A bank account where money is deposited for safekeeping, which earns interest over time.