The Factor 1

question 20

Multiple Choice

The factor 1.0609 is taken from the 3% column and 2 periods row in a certain table. From what table is this factor taken?

• A) Future value of 1
• B) Future value of an annuity of 1
• C) Present value of 1
• D) Present value of an annuity of 1

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Definitions:

Treaty of Greenville

An agreement signed in 1795 between the United States and Native American tribes, marking the end of the Northwest Indian War and ceding much of present-day Ohio to the U.S.

American Republicanism

A political ideology centered on liberty, civic virtue, and the principles of governance as established by the U.S. Constitution and founding fathers.

Louisiana Purchase

The 1803 acquisition of French territory by the United States, doubling the size of the country.

Dessalines

Jean-Jacques Dessalines was a leader of the Haitian Revolution and the first ruler of an independent Haiti under the 1805 constitution.