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Daily Rate Question (1 Viewer)

Paj20

Member
Joined
Aug 19, 2007
Messages
207
Gender
Male
HSC
2008
On a question about daily interests rates, you have to aquire the interest for 1 month using the balances on different days...

the qstion says obtain the interest paid on the first of the next month.. would you include this day in the sum or not?? IN the textbook answer you dont but just wondering cause it can be wrong.
 

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