The Jim Crow Era Refers to the Period

question 24

Multiple Choice

The Jim Crow era refers to the period

• A)between the ratification of the Constitution and the start of the Civil War.
• B)between the Supreme Court's decision in the Dred Scott case and the start of the Civil War.
• C)immediately following the Civil War in which the federal government set the conditions that would allow the rebellious southern states back into the Union.
• D)after the Civil War and before the 1960s.

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Definitions:

Compounded Monthly

The method of computing interest that includes both the original amount and the interest accrued over past months, applied each month.

Annual Nominal Rate

The annual rate of interest without taking into account the compounding of interest within that year, not reflecting the actual interest earned or paid.

Monthly Compounding

Interest calculation method where interest is added to the principal sum at the end of each month, compounding the amount over time.

Compounded Quarterly

The process of calculating interest on an initial investment where the interest is reinvested and additional interest is earned on interest, done four times a year.