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What Was the Relationship Between the Age of Exploration and the Renaissance

question 45

Multiple Choice

What was the relationship between the Age of Exploration and the Renaissance? This should be Question 13 since the answer is in pages 20-21


Definitions:

Simple Interest

Interest determined strictly on the base amount, or on the unpaid segment of that base amount.

Term Deposit

A deposit held at a financial institution for a fixed term that offers a fixed interest rate, where withdrawing money before the term ends usually incurs a penalty.

Bookkeeper

A person responsible for recording the financial transactions and maintaining the financial records of a business.

Principal

The original sum of money borrowed in a loan, or the amount of the investment itself.

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