7 multiplyed by 4 equals 28
13.0357
It is 28/365 or 30/365 or 31/365.
It is 28/365, 30/365 or 31/365.
-337
9 x 6 = 5454 x 4 = 216
on average ...365 + 365 + 365 + 31 = 1,126some years have 366 dayssome months have 30 or 29 or 28 days
*
0.25 multiplyed by 2 = 0.5 multiplyed by pi =1.57
on average ...365 + 365 + 365 + 31 = 1,126some years have 366 dayssome months have 30 or 29 or 28 days
5% interest means 5% for 1 year.1 year = 365 days28 days = (28 / 365) yearOn $1,000,000, that amounts to (1,000,000 x 0.05 x 28/365) = $3,835.62 So when you go back to drain your account in 28 days, your $million is worth $1,003,835.62
0