Before the Middle Part of the Nineteenth Century,all Major Cities

question 24

Multiple Choice

Before the middle part of the nineteenth century,all major cities in the United States were located adjacent to

• A)major airports.
• B)railroads.
• C)paved highways.
• D)navigable waterways.

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Definitions:

Simple Interest

Interest calculated only on the principal amount, or the initial sum of money invested or loaned.

Market Rate

The prevailing interest rate available in the marketplace for investments, loans, and deposits.

Simple Interest

Interest calculated only on the principal amount, or the original sum of money lent or invested, without compounding.

Savings Account

A deposit account held at a bank or other financial institution that provides modest interest income.