The Present-Day Calendar,which Includes Leap Years and Century-Year Exclusion,was Introduced

question 272

Multiple Choice

The present-day calendar,which includes leap years and century-year exclusion,was introduced by:

• A) Karl Marx in 1917.
• B) Julius Caesar in 50 b.c.
• C) Ptolemy in the second century b.c.
• D) Pope Gregory XIII in 1582.

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Definitions:

Municipal

Relating to a city or town or its governing body.

Sinking Fund

A reserve fund established by a company to set aside revenue over time for the purpose of paying off debt or replacing a major asset in the future.

Bond Issue

The act of a borrower issuing bonds to raise money from investors willing to lend them money for a certain amount of time.

Pay Off Debt

The process of fully repaying borrowed money, including the principal amount and any accrued interest.