Sir William Berkeley

question 17

Multiple Choice

Sir William Berkeley:

• A) arrived as Virginia's royal governor in 1642
• B) caused an economic collapse as a result of his policies
• C) waged near-constant war on the local Indian tribes
• D) Disbanded the Virginia legislative assembly that had been formed in 1619
• E) captured and executed Nathaniel Bacon

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Definitions:

Salvage Value

The projected value of an asset for sale at the conclusion of its operational lifespan.

Net Present Value

A financial metric used to evaluate the profitability of an investment or project by calculating the difference between the present value of cash inflows and outflows over a period of time.

Compound Interest

A method of interest calculation on a loan or deposit that involves both the initial principal and the cumulative interest from earlier periods.

Initial Investment

The initial amount of money invested in a project, property, or business to start operations.