chayleewebb chayleewebb

10-12-2021
Mathematics

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What is the unit of time (t) when calculating interest?

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spacedashh spacedashh

10-12-2021

Answer:

t = time in decimal years; e.g., 6 months is calculated as 0.5 years. Divide your partial year number of months by 12 to get the decimal years.

Step-by-step explanation:

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