![30/360, Actual/365, and Actual/360 - How Lenders Calculate Interest on CRE Loans – Some Important Insights - Adventures in CRE 30/360, Actual/365, and Actual/360 - How Lenders Calculate Interest on CRE Loans – Some Important Insights - Adventures in CRE](https://www.adventuresincre.com/wp-content/uploads/2016/06/image.jpg)
30/360, Actual/365, and Actual/360 - How Lenders Calculate Interest on CRE Loans – Some Important Insights - Adventures in CRE
![SOLVED: Calculate the simple interest earned in 180 days on deposit of 6,000 in the interest rate is 6.75% (note: use 360 days) Calculate the simple interest earned in year on a SOLVED: Calculate the simple interest earned in 180 days on deposit of 6,000 in the interest rate is 6.75% (note: use 360 days) Calculate the simple interest earned in year on a](https://cdn.numerade.com/ask_images/373df19669274e8a8ddc69296a14f28a.jpg)
SOLVED: Calculate the simple interest earned in 180 days on deposit of 6,000 in the interest rate is 6.75% (note: use 360 days) Calculate the simple interest earned in year on a
![SOLVED: Using ordinary interest, 360 days, calculate the missing information for the simple discount note. (Round dollars to the nearest cent.) Face Value Discount Rate (%) Date of Note Term(Days) Maturity Date SOLVED: Using ordinary interest, 360 days, calculate the missing information for the simple discount note. (Round dollars to the nearest cent.) Face Value Discount Rate (%) Date of Note Term(Days) Maturity Date](https://cdn.numerade.com/ask_previews/ff443ea1-9fd2-4ced-8be3-eb665d8ba9f4_large.jpg)
SOLVED: Using ordinary interest, 360 days, calculate the missing information for the simple discount note. (Round dollars to the nearest cent.) Face Value Discount Rate (%) Date of Note Term(Days) Maturity Date
Why is interest calculated for 360 days in a year, whereas there are 365 days and 366 days in a leap year? - Quora
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