The Process of Converting Information, Such as Text, Numbers, Photos

question 32

Multiple Choice

The process of converting information, such as text, numbers, photos, or music, into digital data that can be manipulated by electronic devices is called ___________.

• A) binary
• B) digitization
• C) representation
• D) none of the above

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Definitions:

Bond's Life

The period from the issuance of a bond until it matures and the principal is repaid.

Market Rate

The prevailing price or interest rate available in the open market for goods, services, or securities.

Par Value

The nominal or face value of a bond, stock, or other financial instrument, established at the time of issuance.

Semiannually

Occurring twice a year, often referring to payments or interest calculations.