How Were Renaissance Maps Different from Medieval Maps

question 35

Multiple Choice

How were Renaissance maps different from medieval maps?

• A) They were filled with theological symbolism
• B) They were far more accurate
• C) They intended to highlight the explorers who developed them
• D) They now had to have their sponsor commended at the bottom of the map

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Definitions:

Effective Yield

This term represents the total yield an investment returns, adjusted for compounding over a standard one-year period.

Present Value Factors

Mathematical factors used to calculate the present value of future cash flows, taking into account the time value of money and discount rates.

Maturity Value

The amount payable to the holder of a financial instrument at its maturity date, including the principal and any remaining interest.

Stated Interest Rate

The annual interest rate declared on a loan or financial instrument, not including any fees or compounding of interest.