In Terms of the Biblical Promise of "Three Score and 10

question 19

Multiple Choice

In terms of the biblical promise of "three score and 10" years (that is, 70 years) , average human life expectancy in the United States:

• A)Exceeded that figure early in the 20^th century
• B)Surpassed that figure during the latter portion of the 20^th century
• C)Did not reach that figure until the first few years of the 21^st century
• D)Has not yet achieved that figure
• E)Is a limit that no individual can surpass

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Definitions:

Amortize

The process of gradually paying off a debt over a period through scheduled payments, which may include interest.

Compounded Monthly

Interest on an investment or loan calculated and added to the principal balance on a monthly basis, allowing it to grow at an accelerated rate.

Monthly Payment

Monthly payment is the amount of money paid each month on a loan, mortgage, or other debt.

Amortization Schedule

An Amortization Schedule is a table detailing each periodic payment on an amortizing loan, showing amounts paid to principal and interest.