if you were to invest your money which term will you use to compute for the interest in your investment: exact or approximate time?

Principles of Accounting Volume 2
19th Edition
ISBN:9781947172609
Author:OpenStax
Publisher:OpenStax
Chapter11: Capital Budgeting Decisions
Section: Chapter Questions
Problem 14Q: What determines the anticipated interest rate payout for an investment?
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if you were to invest your money which term will you use to compute for the interest in your investment: exact or approximate time?

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