In 1854,why Did Senator Stephen A

question 5

Multiple Choice

In 1854,why did Senator Stephen A.Douglas introduce a bill to extinguish Native American rights in the Great Plains and organize the northern segment of the Louisiana Purchase into a large territory called Nebraska?

• A) He wanted to negate the Missouri Compromise and open the area to slaveholders.
• B) He wanted to build a transcontinental railroad from Chicago to northern California.
• C) He wanted to win support for his presidential candidacy among northern Democrats.
• D) He wanted to disprove the allegation that the Great Plains area was a desert and thus unsuitable for settlement.

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Definitions:

Compounded Monthly

Interest on an investment or loan is calculated monthly, adding the interest from each month to the principal amount for the calculation of the next month's interest.

Compounded Semi-annually

A method of calculating interest where the interest is added to the principal amount twice a year, resulting in the accumulation of interest on interest over the period.

Business Bank Loan

A specific type of loan intended for business expenditures, provided by a bank to a company, with agreed repayment terms and interest rates.

Compounded Semi-annually

A method where interest earnings are calculated and added to an account's balance every six months, contributing to the compounded growth of an investment.