Question
Use the exact interest method (365 days) and the ordinary interest method (360 days) to compare the amount of interest for the following loan: $81,000
Use the exact interest method (365 days) and the ordinary interest method (360 days) to compare the amount of interest for the following loan: $81,000 at 6% for 85 days.
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Introduction to Probability
Authors: Mark Daniel Ward, Ellen Gundlach
1st edition
716771098, 978-1319060893, 1319060897, 978-0716771098
