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Instructions: Identify the following. Be as specific as possible, and include names, dates, and relevant facts as appropriate. Be sure to explain the significance of the person or term.
Tuscarora and Yamasee wars
Commitment To Finance
A lender's promise to provide funds under specified conditions to a borrower for a particular transaction.
After-Tax Cost
The actual cost of an investment or loan after considering the effects of taxes on its profitability or expense.
Salvage Value
The estimated resale value of an asset at the end of its useful life.
Legal Owner
The person or entity that has legal title or ownership of property or assets.
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