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"As the frontier of white settlement expanded westward and Iroquois war parties followed the warrior path to the southeastern tribes,the two forces inevitably clashed...But [the English] wanted the confederacy tied to the British interest exclusively…[and accepted that in the short term] an accommodation [treaty] would prove cheaper than a war… That summer of 1760 witnessed a high watermark in Indian affairs. Canada passed into English hands;the ancient regime ceased to rule New France… English traders no longer had French rivals… The Six Nations and their tributaries had fallen from the position of balancing power between rival nations."
William Nelson Fenton,The Great Law and the Longhouse: A Political History of the Iroquois Confederacy,1998
-Following the French withdrawal from North America,the Iroquois would find themselves
Reduction of the Principal
The process of paying down the initial amount borrowed in a loan, not including interest payments.
Six Months
A half-year period, often used in financial contexts to define loan durations, investment terms, or interest calculations.
Compounded Monthly
The process of calculating interest on an investment or loan on a monthly basis, with each month's interest added to the principal.
Car Buyer
An individual or entity that purchases a vehicle.
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