Which of the Following Is True of Colonization in North

question 77

Multiple Choice

Which of the following is true of colonization in North America between 1660 and 1700?

• A)Spain established permanent settlements in Florida.
• B)France established a large settled presence in the New World.
• C)Britain had crafted the beginnings of a large colonial empire.
• D)English colonies consisted mostly of Native Americans.
• E)English colonies became completely unified and stable.

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Definitions:

Amortization

Amortization is the process of spreading out a loan into a series of fixed payments over time, or gradually writting off the initial cost of an intangible asset.

Discount on Bonds Payable

The difference when bonds are issued for less than their face value, representing an extra cost of borrowing to the issuer.

Straight-Line Method

A method of calculating depreciation or amortization by evenly spreading the cost of an asset over its useful life.

Amortization

The process of spreading the cost of an intangible asset over its useful life.