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Give an Example of Absolute Dating and an Example of Relative

question 58

Essay

Give an example of absolute dating and an example of relative dating. What are the advantages and disadvantages of the two methods and how might they be used together to understand the dating or chronology of a site or set of sites?


Definitions:

Maturing

The process by which a financial instrument reaches its due date and the principal is required to be repaid.

Interest Rate

The proportion of a loan that is charged as interest to the borrower, typically expressed as an annual percentage of the principal.

Economic Equivalent

A financial concept that refers to the equivalence in value between different sums of money received or paid at different times, based on a specified interest rate.

Previous March

Refers to March of the preceding year or the last March that occurred before the current date.

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