Examlex
What is the present value of $12,500 to be received 10 years from today? Assume a discount rate of 8% compounded annually and round to the nearest $10.
Emancipated Slaves
Former slaves who have been freed from slavery, often after legal abolition or through individual manumission.
Plantation Owners
Individuals or corporations who owned large agricultural estates typically worked by enslaved people or laborers.
Wade-Davis Bill
A 1864 proposal for the Reconstruction of the South written by Radical Republicans Benjamin Wade and Henry Winter Davis, which required a majority of a former Confederate state's white males to swear allegiance to the Union before restoration.
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