What Event Was the Catalyst for the Space Race

question 56

Multiple Choice

What event was the catalyst for the space race?

• A)The United States landing of a man on the moon
• B)The successful Soviet flight of a man around the earth
• C)The Soviet Sputnik satellite launch
• D)The crash of the Apollo 11
• E)The U-2 incident of 1960

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Definitions:

Quarterly Payments

Regular payments made every three months, commonly used in dividend distributions or repayment of loans.

Rate of Return

Variation in the worth of an investment over a specific interval, depicted as a percentage of the investment's initial outlay.

Discount Rate

The interest rate used to discount future cash flows to their present values.

Present Value

The current financial assessment of a sum of money in the future or ongoing cash flows, based on a specific rate of return.