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Why would the legacy of Reconstruction matter throughout the twentieth century?
Maturity Value
The amount to be paid out or the final value of an investment upon its maturity, including the principal and the interest earned.
365-Day Year
A method used in various financial calculations that assumes a year consists of exactly 365 days.
Maturity Value
The total amount payable to the holder of a financial instrument at its maturity date, including principal and any accrued interest.
360-Day Year
An accounting convention that simplifies interest calculation by assuming all months have 30 days.
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