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The Absence of Which of the Following Made Long-Distance Trade

question 24

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The absence of which of the following made long-distance trade in the Americas difficult?


Definitions:

Semi-annual Withdrawals

Withdrawals made twice a year from an account or investment.

Compounded Annually

The method of calculating interest in which the interest earned each year is added to the principal, so that the balance doesn't merely grow, it grows at an increasing rate.

Monthly Payments

Regular payments made each month towards the repayment of a loan or financial obligation.

Finance

The management of money and other assets by individuals, companies, or governments.

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