Difference between revisions of "Calculate Daily Interest"
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Calculating daily interest can be useful, whether you are trying to determine the amount of interest earned or how much interest you owe on a payment. Business applications include calculating interest owed on late payments from customers or to vendors. Calculating interest in personal finances can help you estimate closing costs for a mortgage or evaluate options for savings and investment accounts. Here's how to calculate daily interest accurately for a number of different applications. | Calculating daily interest can be useful, whether you are trying to determine the amount of interest earned or how much interest you owe on a payment. Business applications include calculating interest owed on late payments from customers or to vendors. Calculating interest in personal finances can help you estimate closing costs for a mortgage or evaluate options for savings and investment accounts. Here's how to calculate daily interest accurately for a number of different applications. | ||
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== Steps == | == Steps == | ||
