Question 1 of 30
A financial services company is implementing a data archiving and retention policy to comply with regulatory requirements. They have a dataset that includes customer transaction records, which must be retained for a minimum of 7 years. The company decides to archive records older than 5 years to reduce storage costs. If the company has 1,000,000 transaction records, and 200,000 of these records are older than 5 years, what percentage of the total records will be archived? Additionally, what considerations should the company take into account regarding the retrieval of archived data and compliance with data protection regulations?
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0.25
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