Those Who Claimed Aristocratic Status in the Fourteenth Century Did

question 58

Multiple Choice

Those who claimed aristocratic status in the fourteenth century did so by:

• A)commissioning a family coat of arms.
• B)living lavish and extremely expensive lifestyles.
• C)demonstrating a genealogy that traced the family history to a king.
• D)participating in the court culture of a local king or great lord.
• E)fighting in tournaments on horseback.

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Definitions:

Semi-Annually Compounded

Interest calculation method where the interest is added to the principal on a half-yearly basis.

Nominal Rate

The stated interest rate of a bond or loan, not accounting for inflation or compounding effects, also known as the annual percentage rate (APR).

Compounded Monthly

An interest calculation method where interest earned is added to the principal each month, affecting subsequent interest calculations.

Effective Rate

The actual annual interest rate that accounts for compounding over a given period, providing a true reflection of the financial cost or benefit.