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What Issue Enabled Abolitionists to Expand the Appeal of Their

question 133

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What issue enabled abolitionists to expand the appeal of their arguments to those who may not have cared much about slavery?


Definitions:

Effective Annual Rate

The interest rate on an investment or loan that considers compounding over a specified period, usually yearly.

Nominal Rate

The interest rate unadjusted for inflation, expressing the literal annual cost of credit or return on investment.

Nominal Rate

The reported percentage rate without taking inflation into account, representing the actual yearly cost of funds to the borrower.

Effective Rate

The interest rate on a loan or financial product restated from the nominal rate as an annual rate, which may differ once compounding interest is taken into account.

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