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William Molyneux described a hypothetical case of man blind from birth who had learned to distinguish a ball from a cube by the sense of touch.He then posed the question: If suddenly granted vision,would the man be able to tell these two objects apart without touching them? Describe Locke's response to this question and his rationale for his answer.
Compounded Semi-annually
Interest calculated twice a year, factoring in previously accrued interest for each calculation.
Strip Bond
An investment instrument entitling its owner to receive only the face value of a bond at maturity.
Nominal Rate
The stated interest rate of an investment or loan, not adjusted for compounding or inflation.
Population Growth
The increase in the number of individuals in a population, often measured as the rate at which the number of individuals increases over a specific period of time.
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