Text Files Contain Formatted Characters Including Both Readable Characters, Such

question 36

True/False

Text files contain formatted characters including both readable characters, such as numbers and letters, and some special characters, such as tabs, carriage returns, and line feeds.

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Definitions:

Lump Payment

A single, large payment made at once, instead of breaking it into smaller installments.

Amortization Period

The length of time over which the principal amount of a loan, mortgage, or other debt is scheduled to be paid off.

Amortization Period

The length of time it takes to pay off a loan or mortgage in full with regular payments that cover both principal and interest.

Compounded Monthly

A method of calculating interest where the interest earned each month is added to the principal, so the balance doesn't merely grow; it grows at an increasing rate.