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ANNUAL ACTUAL INTEREST RATE CALCULATION FORMULA AND SAMPLES Banks calculate annu ANNUAL ACTUAL INTEREST RATE CALCULATION FORMULA AND SAMPLES Banks calculate annu

ANNUAL ACTUAL INTEREST RATE CALCULATION FORMULA AND SAMPLES Banks calculate annu - PDF document

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Uploaded On 2014-10-01

ANNUAL ACTUAL INTEREST RATE CALCULATION FORMULA AND SAMPLES Banks calculate annu - PPT Presentation

The annual actual interest rate is the customers total expens es on crediting expressed by annual interest rate of the credit granted The a nnual actual interest rate is calculated by the following formula where i annual actual interest rate A in ID: 1858

The annual actual interest

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