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What Was the Most Significant Error of Ptolemy's Geography

question 14

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What was the most significant error of Ptolemy's Geography?


Definitions:

Interest Rate

The amount charged, expressed as a percentage of the principal, by a lender to a borrower for the use of assets.

Bond

A financial instrument representing a loan made by an investor to a borrower, typically used by companies, municipalities, states, and sovereign governments to finance projects and operations.

Rational Investor

An individual who makes investment decisions based on logical analysis, aiming to maximize returns and minimize risks.

Interest Rate

The rate at which a borrower pays interest to a lender for borrowing money.

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