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.
lupam
To find interest rate you multiply the price by the time by the percent
You can find the exact surface area for all of those shapes.
I very much regret that the exact percentage is not known since no one has managed to find a way to find the exact mass of the earth's crust, which would probably form the denominator of such a percentage.
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.
example of ordinary interest
t= numbers of days ordinary interest= Pr no. of days/ 360 days exact interest= Pr no. of days/ 365 days
lupam
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
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.
5.92
To find interest rate you multiply the price by the time by the percent
People might want to know their exact locations on Earth for navigation purposes, to find specific points of interest, or to communicate their location to others in case of emergencies. It can also be helpful for outdoor activities like hiking or camping.
First find out what the interest rate is from the money lender or deposit taker.
You can find information about interest only calculators at the following websites...www.mortgagecalculator.org/calculators/interest-only-calculator.php
You can only find the best interest saving rates through comparison. First, you find interest rates from different company, and see which one offers the best.