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Which of the following is a reason that the Spanish colonies in North America failed?
Commercial Paper
An unsecured, short-term debt instrument issued by corporations, typically used for financing inventory and accounts receivable.
Annual Simple Rate
The percentage rate of return calculated on an annual basis, using simple interest without compounding.
Yield
Definition: The income return on an investment, such as the interest or dividends received from holding a particular security.
Revolving Line of Credit
A flexible loan where the borrower can access funds up to a certain limit, pay back, and then borrow again without needing to reapply for a new loan.
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