Compound interest at certain number of days

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Timur
Timur

"Business and financial calculations basics" course task, "Compound interest" subject.
There are results for different accrual periods in the table. In general, the greater their number (monthly), the more profit the bank will get. Although, if the deposit period is lesser than a year the accrued amount will be less than in the calculation of a simple interest..

PLANETCALC, Compound interest at certain number of days

Compound interest at certain number of days

Digits after the decimal point: 2
Accreted amount

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