_____ Transforms Data into Complex, Scrambled Digital Codes That Can

question 45

Multiple Choice

_____ transforms data into complex, scrambled digital codes that can be deciphered only by authorized users who possess unique keys to the data.

• A) Data encryption
• B) Authorization
• C) Data decoding
• D) Authentication

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Definitions:

Principal Repaid

The amount of the original loan paid back, excluding interest or additional fees.

17th Monthly Payment

Refers to the seventeenth installment in a series of scheduled payments, typically within a loan or mortgage plan.

Compounded Monthly

This refers to the process of adding interest to the principal balance of a loan or investment on a monthly basis.

Amortized

The gradual reduction of a debt over a period of time by making regular payments of interest and principal.