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What Type of Coding Is Used to Minimize Data Errors

question 14

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What type of coding is used to minimize data errors in the data transmission process?


Definitions:

Annual Withdrawals

The amount of money withdrawn from an account or investment annually, often used in retirement planning.

Interest Rate

The proportion of a loan that is charged as interest to the borrower, typically expressed as an annual percentage of the loan amount.

Semiannual Period-end Payments

Payments made twice a year, often related to financial instruments like bonds or loans.

Semiannual Interest Rate

The interest rate applied to a financial instrument such as a loan or bond twice a year.

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