Interest is calculated as a percentage of a loan balance, paid to the lender periodically for the privilege of using there money.
Answer:In 1794, U.S.-born inventor Eli Whitney (1765-1825) patented the cotton gin, a machine that revolutionized the production of cotton by greatly speeding up the process of removing seeds from cotton fiber. By the mid-19th century, cotton had become America's leading export.
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It is the USA's branch of government that makes the laws of the country.
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Significant Civil War Battles
April 12, 1861: Battle of Fort Sumter. ...
June 30, 1861: Battle of Philippi. ...
July 21, 1861: First Battle of Bull Run/First Battle of Manassas. ...
August 28-29, 1861: Battle of Hatteras Inlet Batteries. ...
October 21, 1861: Battle of Ball's Bluff. ...
November 7, 1861: Battle of Belmont. ...
January 19, 1862: Battle of Mill Springs.