Asked by debbie
How do Federal Reserve banks, as well as the federal government, typically calculate simple interest?
A. Using 31 days in each month
B. Based on exact interest
C. Based on ordinary interest
My answer is B
A. Using 31 days in each month
B. Based on exact interest
C. Based on ordinary interest
My answer is B
Answers
Answered by
Henry
My answer is B.
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