Use the Following to Answer Questions

question 37

Multiple Choice

Use the following to answer questions :
-Puritans who had passed the tests of conversion and church membership and were therefore thought to be among God's elect.

• A)antinomians
• B)Calvinism
• C)English Reformation
• D)Halfway Covenant
• E)King Philip's War
• F)New Netherland
• G)predestination
• H)Puritans
• I)Puritan Revolution
• J)Quakers
• K)Separatists
• L)visible saints

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Definitions:

Compounded Monthly

A method where interest earnings are calculated and added to the principal sum each month, effectively earning interest on the interest from the previous month.

Compounded Semiannually

A different phrase for interest calculation done two times a year, where interest is added to the principal for future interest calculation.

Compounded Monthly

A method of calculating interest where the accumulated interest is added back to the principal sum each month.

Residential Mortgage Loan

A loan secured by real property through the use of a mortgage note, typically used to purchase residential properties.