0
Add your answer:
Earn +20 ptsQ: What is the difference between ordinary interest and exact interest?
Write your answer...
Submit
Still have questions?
Continue Learning about Math & Arithmetic
What is the difference between an approximate answer and an exact answer?
No
What exact difference between brought and borrowed?
bought you get to keep it and borrowed you have to give it back.
What is the difference between the exact solution and a approximate solution?
An exact solution is the accurate solution, whilst an approximate solution is only near enough
Example of exact interest?
lupam
What is the difference between the exact sum of 106 and 91 and an estimate of the sum by rounding to the nearest hundred?
3
Related questions
Difference between Exact interest and Ordinary interest?
Interest that is based on a 360-day year instead of a 365-day year. In contrast, exact interest is based on a 365-day year. If large sums of money are involved, the difference can be significant
Example of ordinary and exact interest?
example of ordinary interest
What is the exact and ordinary interest computation?
t= numbers of days ordinary interest= Pr no. of days/ 360 days exact interest= Pr no. of days/ 365 days
The formula for ordinary interest using exact time is?
The formula for simple (ordinary) interest on a bank deposit is Deposit Amount x Rate x Time (# of days) on Deposit.
What is the difference between an approximate answer and the exact answer?
No
What is the difference between the approximate answer and an exact answer?
No
What is the difference between an approximate answer and an exact answer?
No
What is the difference between an approximate answers and an exact answers?
you tell me
What is the difference between exact and estimate?
clear number and guessing
What is the exact term for difference between maximum and minimum?
Range
What is the difference between biome and life zone?
there is no difference they both mean the exact same thing =)
What is the exact time between UK and Romania?
The difference is two hours.
Copyright ©2025 Infospace Holdings LLC, A System1 Company. All Rights Reserved. The material on this site can not be reproduced, distributed, transmitted, cached or otherwise used, except with prior written permission of Answers.