The Articles of Confederation Were Adopted When States Gave Up

question 19

Multiple Choice

The Articles of Confederation were adopted when states gave up their

• A) power to regulate trade.
• B) power to make war.
• C) claims to western lands.
• D) right to levy their own taxes.
• E) plans for emancipation.

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Definitions:

10th Payment

The tenth installment of a series of payments in a loan or mortgage.

Compounded Semi-Annually

Interest on an amount that is calculated twice a year and added to the principal for future interest calculations.

Amortized

The process of paying off debt through regular payments over a set period, where the payments cover both principal and interest.

First Three Years

Referring to the initial period of three years from a specific start point, often used in the context of forecasting, planning, or analyzing early-stage performance.