By the 1750s, the Great Awakening Had Resulted in the Consolidation

question 9

True/False

By the 1750s, the Great Awakening had resulted in the consolidation of all American Protestant churches into three denominations: Anglican, Congregationalist, and Quaker.

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Definitions:

Compounded Semi-annually

A method of calculating interest where the interest is added to the principal amount twice a year, leading to interest being earned on interest.

Compounded Semi-annually

Interest calculation method where interest is added to the principal sum of a loan or deposit twice a year, resulting in 'interest on interest' accumulation.

Amortization Period

The total time period over which a loan or mortgage is scheduled to be repaid through periodic payments.

Compounded Annually

Interest on an investment that is calculated once per year and added to the principal sum.