The Banker's Rule uses____?*1 pointuses ordinary interestuses exact interestuses both ordinary and exact interestnone of the above
Question
Solution 1
The Banker's Rule, also known as the Banker's Method, primarily uses ordinary interest. This method calculates interest based on a 360-day year rather than the more common 365-day year used in exact interest calculations. In the context of banking and finance, the ordinary interest calculation s Knowee AI is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI is a powerful AI-powered study tool designed to help you to solve study problem.
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