One Purpose of the Declaration of Independence Was to

question 17

Multiple Choice

One purpose of the Declaration of Independence was to

• A) warn other nations to stay out of the Revolution.
• B) appeal to the Indians to join the revolutionary cause.
• C) assert the superiority of American democracy.
• D) explain to the rest of the world why the colonies had revolted.
• E) condemn Parliament for its actions.

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Definitions:

Compound Interest

Interest calculated on the initial principal, which also includes all of the accumulated interest from previous periods on a deposit or loan.

Future Value

The estimated value of an investment at a specific date in the future, considering interest or growth over time.

Compounded Semiannually

Refers to the process where interest is calculated and added to the principal amount of an investment or loan twice a year.

Total Payment

The sum amount paid over the duration of a loan or installment plan, including both the principal amount and the interest.