Which of the Following Statements Is Not True in Regard

question 39

Multiple Choice

Which of the following statements is not true in regard to exploration of the Atlantic before Columbus?

• A)The Madeiras and Canary Islands were shown on maps.
• B)Portuguese, French, and English sailors were making regular trips to the Madeiras and Canary islands by 1365.
• C)The Azores were placed on maps by 1365.
• D)Regular routine ports of call included the Azores.
• E)Trips out of sight of land were never attempted before Columbus.

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Definitions:

Discount Rate

The discount rate applied in the discounted cash flow (DCF) methodology to calculate the current value of anticipated cash flows, considering the time value of money and associated risks.

Present Value

The current price of a future sum of money or stream of cash flows, discounted at a certain rate of return.

Cash Flow

The complete inflow and outflow of cash and equivalent financial assets within a business framework.

Future Value Formula

A mathematical equation used to calculate the future value of an investment based on its current value, the interest rate, and the time period of the investment.