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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.
Example of exact interest?
lupam
How do you find interest rate?
To find interest rate you multiply the price by the time by the percent
What would payment be on 12900 for 5 years?
To calculate the monthly payment on a loan of $12,900 over 5 years, you need to know the interest rate. Assuming a typical interest rate of around 5%, the monthly payment would be approximately $244. If the interest rate is different, the payment amount will vary. You can use a loan calculator or the formula for amortizing loans to find the exact payment based on the interest rate you have.
Why cant you find an exact surface area measurement for a prism and pyramid but for a cylinder?
You can find the exact surface area for all of those shapes.
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.
Example of ordinary and exact interest?
example of ordinary interest
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
Example of exact interest?
lupam
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
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
How do you find interest rate?
To find interest rate you multiply the price by the time by the percent
How can I determine the exact amount of interest I am paying on my loans or credit cards?
To determine the exact amount of interest you are paying on your loans or credit cards, you can look at your monthly statements or contact your lender. The interest amount is typically calculated based on the outstanding balance and the interest rate specified in your loan agreement. You can also use online calculators or spreadsheets to estimate the interest amount over the life of the loan.
How can find interest percent in Rs100000?
First find out what the interest rate is from the money lender or deposit taker.
Why might people want to know their exact locations on the earth?
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.
Where can I find online information about interest only calculators?
You can find information about interest only calculators at the following websites...www.mortgagecalculator.org/calculators/interest-only-calculator.php
