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Uploaded by atcmathprof on Aug 18, 2009
http://www.atcmathprof.com - Simple Discount Note, simple interest, maturity value, exact, ordinary interest, principal, rate, time, simple discount note, interest rate, Treasury bills, face value, discounting a simple note, annual percentage rate
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@Gatecra5her thats because they're calculating using the banker's rule. the banker's rule states that each month has 30 days. including february. hot i helped.
TheWhopperfy 1 year ago
I like your tutorial videos!
Can I ask why you use 360 days rather than 365?
Gatecra5her 2 years ago
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@Gatecra5her thats because they're calculating using the banker's rule. the banker's rule states that each month has 30 days. including february. hot i helped.
TheWhopperfy 1 year ago
I like your tutorial videos!
Can I ask why you use 360 days rather than 365?
Gatecra5her 2 years ago