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Results tagged with calculation
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user 4718
A generic tag to understand the calculations in a specific case. Please give out a sample illustration and ask a specific question. Ideally should also be accompanied by specific subject tags like "credit-cards", "savings-account", "index-funds" etc.
2
votes
Help understanding credit card interest
With the comment in the OP being said...
Calculating interest by the "Daily average balance" is a popular method nowadays. See HERE for reference on how this works.
In a nutshell, you take the sum o …
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