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What Sparked a New Period of Colonial Expansion for England

question 66

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What sparked a new period of colonial expansion for England in the mid-seventeenth century?


Definitions:

Future Values

The worth of an asset or money on a predetermined future date that has the same value as a certain amount presently.

Present Values

The value today of a future sum of money or cash flows, when calculated at an agreed-upon return rate.

Present Value

Present value is the current worth of a future sum of money or stream of cash flows given a specified rate of return.

Interest Rate

The percentage charged on borrowed money, or earned through deposited funds, over a period of time.

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