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Q: Example of exact interest
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Example of ordinary and exact interest?

example of ordinary interest


What is the difference between ordinary interest and exact interest?

So ordinary interest is 30 days collecting or gathering interest on a dollar and exact is collecting or gathering 1 year interest on a dollar.


What is the exact and ordinary interest computation?

t= numbers of days ordinary interest= Pr no. of days/ 360 days exact interest= Pr no. of days/ 365 days


Difference between Exact interest and Ordinary interest?

Interest that is based on a 360-day year instead of a 365-day year. In contrast, exact interest is based on a 365-day year. If large sums of money are involved, the difference can be significant


What is interest in a sentence?

His interest was in photography but he could not pursue. it. It is an example of interest word sentence.


Daily interest rate on annual rate of 17.7 percent?

If the interest is simple exact interest, the answer is 17.7/365 = 0.0485 daily percent interest, to the justified number of significant digits.


What is the exact interest for 600 at 8 percent for 45 days?

5.92


Interest calculated only on the principal?

This would be an example of simple interest.


Example of exact rhyme?

An example of exact rhyme is "cat" and "hat" where both words end with the same sound "-at".


What is an example of someone with enlightened self interest?

examples of Enlightened self-interest


What is an example of a personal interest?

chess


Growing like Jewish interest is an example of what?

It is likely an example of a stereotype.