A __________ Exists When People Have a Sense of Common

question 11

Multiple Choice

A __________ exists when people have a sense of common identity due to a common origin, history, or ancestry, all of which the colonists shared.

• A) state
• B) nation
• C) union
• D) confederation
• E) country

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Definitions:

Net Present Value

A financial metric used to evaluate the profitability of an investment by calculating the difference between the present value of cash inflows and outflows over a period of time.

Compound Interest

Interest earnings calculated on the base principal along with any interest that has previously accumulated from past periods on that principal.

Straight-Line Depreciation

A method of calculating the depreciation of an asset which spreads the cost evenly across the useful life of the asset.

Average Rate of Return on Investment

An investment's return expressed as an annualized percentage, calculating how much an investment has gained compared to its initial cost.