Which of the Following Is Not True of Special Field

question 8

Multiple Choice

Which of the following is not true of Special Field Order #15?

• A) It set aside some land between Charleston and Jacksonville for former slave use.
• B) Sherman allowed some of the slaves to use army mules.
• C) Relative to the freed population of slaves, it affected a very large number of people.
• D) The order forced former slaves to work in repairing the wartime damages to Southern cities.

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Definitions:

Present Value

The immediate value of a prospective sum of money or succession of payments, with a certain rate of return.

Compound Interest

Compound interest refers to the interest that is computed on both the initial principal amount and the interest that has been accumulated from previous periods for either a deposit or a loan.

Future Value

The value of an investment or payment at a specific future date, considering factors like interest rates or earnings.

Present Value

The current worth of a future sum of money or stream of cash flow given a specified rate of return, often used in the assessment of investment profitability.