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Until the 1670s,almost all Chesapeake colonists were English;by 1700,how many were African?
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The smallest amount of cash that a company or individual aims to hold in order to meet expected and unexpected needs.
Loan Interest
The amount charged by a lender to a borrower for the use of borrowed money, calculated as a percentage of the principal.
Master Budget
A comprehensive financial planning document that consolidates all of a company's individual budgets, including sales, production, and cash budgets.
Credit Sales
Sales transactions where the payment is deferred to a future date, allowing customers to purchase goods or services on credit.
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