Match the Person or Term with the with the Correct

question 62

Multiple Choice

Match the person or term with the with the correct description.
-contrabands

• A)escaped slaves
• B)deadliest battle of the war
• C)Richmond
• D)Union not to interfere with slavery
• E)surrender of the Confederacy
• F)relied on British support
• G)Gettysburg
• H)another Trail of Tears
• I)freed slaves
• J)spectators came with picnic baskets to watch
• K)opponents of the war
• L)established by Grant

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Definitions:

Residual Value

The estimated amount that an asset is worth at the end of its useful life.

Net Income

What a company ultimately makes, after subtracting everything it spends including taxes and costs, from the revenue it generates.

Average Rate

The mean rate or level for a particular variable over a specified period, often used in reference to interest or exchange rates.

Present Value Methods

Techniques used to determine the current worth of a future stream of cash flows, discounted at a particular rate.