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An Example of Digital Data Is ________ or Character Strings

question 33

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An example of digital data is ________ or character strings.


Definitions:

Monthly Payment

A regularly scheduled payment that is often used to repay loans over a specific period of time.

Lump Sum

A single payment made at a particular time, as opposed to several smaller payments or installments.

Interest Rate

The cost of borrowing money or the return on investment, represented as a percentage of the principal.

Annuities

Financial products that pay out a fixed stream of payments to an individual, primarily used as an income stream for retirees.

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