IIII I I IIII




CALCULATIONS
FOR FINANCIAL MATTERS:
=======================X
MONTHLY RENT
MONTHLY INTEREST
=======================X
*MONTHLY INTEREST
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EQUATION WORKS LIKE THIS ::
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(AMOUNT OF CURRENCY) X (% p/a) / 365 x (NUMBER OF DAYS) = $____.__c
or
(AMOUNT OF CURRENCY) X (% p/a) / 365.25 x (NUMBER OF DAYS) = $____.__c
or
(AMOUNT OF CURRENCY) X (% p/a) / 366 x (NUMBER OF DAYS) = $____.__c
or
WHAT EVER THE INDIVUAL BANK DECIDES AT THE TIME OF DOING THE CALCULATION = ???? ? ? ????