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Using Map 15.3, identify the Tordesillas line. What was its importance?
Per Annum
A Latin term meaning "per year," often used in financial contexts to describe rates or amounts calculated over a yearly basis.
Invested
Invested refers to the allocation of resources, usually money, into a financial venture with the expectation of receiving future returns.
Per Annum
Annually; indicating the occurrence, rate, or amount in a year.
Maturity Value
The amount payable to an investor at the end of a fixed-term investment including principal and interest.
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