the Ninety-five Theses. This led to many disputes and partitioned the Church into the conservative Catholics and the contemporary Protestants led by Martin Luther and is known as the Protestant Reformation. This act of defiance towards the Church was incomparable in its size and organization‚ and even garnered the support of German Princes who wished to gain independence from the pope. Luther’s contributions were substantial because it showed the people that the way of the Church can be questioned
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. To find the PVA‚ we use the equation: PVA = C({1 – [1/(1 + r)]t } / r ) PVA = $60‚000{[1 – (1/1.0825)9 ] / .0825} PVA = $370‚947.84 The present value of the revenue is greater than the cost‚ so your company can afford the equipment. 7. Here we need to find the FVA. The equation to find the FVA is: FVA = C{[(1 + r)t – 1] / r} FVA for 20 years = $3‚000[(1.08520 – 1) / .085] FVA for 20 years = $145‚131.04 FVA for 40 years = $3‚000[(1.08540 – 1) / .085] FVA for 40
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Throughout the whole world‚ cultures have used religion as justification for personal gain. From ancient theocracies to the values and opinions of people in modern times‚ religion is the used as the excuse or cause of a phenomenon. Religion can be used in texts written by anyone‚ no matter their status. Europeans used religion to support their own self-interest‚ but common people used religion to lessen the power of the elite‚ while those with authority used it to increase their power. Common people
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the Declaration of independence was signed and slavery was still allowed‚ when John Brown attacked Harper’s Ferry with his small militia‚ or even when the Missouri Compromise was passed. All these instances showcase the ever growing divide between the Southern and Northern States. One instance though stands out in its direct and public attack. On the surface it was seen in the south as an acceptable reaction‚ in the north proof of the souths hard ways. Underneath it was a sure sign of crossing a threshold
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1. What was the cause and result of the Quasi-War? The Quasi-War was a short‚ undeclared war between America and Britain against France on sea while Adams was president. The Quasi-War was fought on July 7‚ 1798 until the Treaty of Mortefontaine on September 30‚ 1800 was signed. The payments between America and France were stopped because of the money that was owed to the French Crown. A group called the French Privateers captured the American Merchant ships so they could use them as their payments
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Short Answer Response #1 The Great Depression was the most horrific economic depression ever in US history and lasted from 1929-1939. Many leading factors led to the Great Depression. The primary cause was when the stock market crashed in 1929. Known as “Black Tuesday‚” the market lost 12% of its value and over $14 billion of investments. Two months later‚ things became drastically worse‚ with stockholders losing more than $40 billion. The stock market crash led to almost 700 bank failures in
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Book value: The book value of ordinary share is the net worth of a corporation less the par value of preference shares outstanding divided by the number of ordinary shares outstanding. Suppose the net worth of a company contains the following information viz; Preference shares (Rs. 100 per share): 1000000.00 Ordinary share (Rs.5 per share): 1500000.00 Share premium:
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The basis for there difference was on the Roman Doctrine of Transubstantiation which Luther and Zwingli held different beliefs. Luther believed that Christ was physically present in the Eucharist the body and blood of Christ. For Luther the Eucharist was a “testament” to faith in the lord and by taking the Eucharist you have achieved salvation and been forgiven of all sin. However Zwingli believed that the Eucharist was a symbol in remembrance of the crucifixion of Christ for
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theme from the previous two weeks of class is the need for revolution that sparked in many oppressed societies. The Atlantic Revolutions (1770s-1820s)‚ cover the American‚ French‚ Haitian‚ and Latin American Revolutions. Each one of these revolutions was inspired by the movement of the Enlightenment‚ which urged individuals to act with reason and agency. The first of these‚ the American Revolution from 1775 to 1783‚ demanded “certain unalienable rights…[of] life‚ liberty‚ and the pursuit of happiness”
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the reality was that our journey to gain this freedom and structure was a rocky road that caused a division among the American people. A couple of issues that caused a division among American society were the purchase of the Louisiana Territory and the expansion of slavery into new territories. Slavery has always been a controversial topic‚ and people had used their opinions to argue for their support or rejection of expansion of slavery into new territories. The Louisiana Territory was purchased
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