In the Spring of 1917, the Course of the War

question 13

Multiple Choice

In the spring of 1917, the course of the war was changed by

• A) German submarines breaking British blockades.
• B) Turkey's collapse and the U.S.entry into the war.
• C) Russia's collapse and the U.S.entry into the war.
• D) the use of the machine gun in trench warfare.
• E) Germany's movement to isolate the British from their other allies.

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Definitions:

Ordinary Interest

Interest calculation based on a 360-day year, often used in banking and finance, as opposed to real interest which is based on a 365-day year.

Exact Interest

Interest calculated based on a 365-day year or actual number of days in a loan term, providing a precise calculation of interest charges.

Ordinary Interest

Interest calculated on the basis of a 360-day year, commonly used in banking and bond markets.

Ordinary Interest

Interest calculated based on a 360-day year, often used in banking for loans and savings accounts.