Wheat, Cattle, and Horses Are Common Sights in North America

question 171

Multiple Choice

Wheat, cattle, and horses are common sights in North America today. Why?

• A) They migrated to North America from South America.
• B) Native Americans brought them to the region when they arrived 12,000 years ago.
• C) These species are indigenous to the region.
• D) Europeans brought them to the region.
• E) All of the answer choices are correct.

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Definitions:

Future Value

The worth of a current asset or amount of money at a specified time in the future, accounting for specific interest or growth rates.

Future Value Table

A mathematical table used to calculate the future value of an investment or loan based on a specific interest rate and time period.

Present Value Table

A table used to calculate the present value of a future amount of money or stream of cash flows given a specific discount rate.

Present Value of $1

The current worth of a single dollar to be received in the future, discounted at a specific interest rate.