Accountıng I Deneme Sınavı Sorusu #1313962
Why is it more profitable to use 360 days while calculating the interest rate?
You can find annual rate of interest easier. |
You can find more equal interest rate. |
The note holder can receive more interest. |
Principal can be followed more accurately. |
The calculation time can be lessen. |
Yanıt Açıklaması:
However, it is more profitable to use 360 days instead of 365 because the note holder receives more interest.
Yorumlar
- 0 Yorum