Question
True False Question ,please explain it 3 sentence Average daily balance (ADB) is a way to calculate interest for credit card. The interest of loan
True False Question ,please explain it 3 sentence
Average daily balance (ADB) is a way to calculate interest for credit card. The interest of loan is calculated by multiplying the daily interest rate with average amount owed at the end of each day.
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Financial Markets And Institutions
Authors: Frederic S. Mishkin, Stanley G. Eakin
7th Global Edition
0273754440, 9780273754442
