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Questions and Answers
What is the mathematical study that led to the discovery of the number e?
What is the mathematical study that led to the discovery of the number e?
- Trigonometry
- Calculus (correct)
- Algebraic geometry
- Number theory
In which civilization was the first recorded instance of credit found?
In which civilization was the first recorded instance of credit found?
- Ancient Egypt
- Ancient Greece
- Ancient Rome
- Ancient Sumeria (correct)
What was the annual interest rate for compound interest in roughly 2400 BC?
What was the annual interest rate for compound interest in roughly 2400 BC?
- 15%
- 10%
- 25%
- 20% (correct)
Which ecumenical council applied regulations on usury to the laity in the ninth century?
Which ecumenical council applied regulations on usury to the laity in the ninth century?
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Who argued that the charging of interest is wrong because it amounts to 'double charging'?
Who argued that the charging of interest is wrong because it amounts to 'double charging'?
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