In 1867, the Union Pacific Railroad Employed Workforce That Was Almost 90

question 47

True/False

In 1867, the Union Pacific railroad employed workforce that was almost 90 percent Chinese.

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Definitions:

Compounded Annually

Interest on an investment that is calculated once a year, where the interest earned each year is added to the principal.

Loan Principal

The initial amount of money borrowed in a loan, excluding interest and other charges.

42 Months

A time period equal to three and a half years.

Maturity Value

The amount payable to an investor at the end of an investment period.