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Interest Calculation

When calculating interest for a partial year, the most important factor is:

Type: MCQ • Marks: 1
When calculating interest for a partial year, the most important factor is:
Options
A. Correct conversion of the period into the unit prescribed for interest calculation
B. Number of pages in the loan file
C. Number of instalments alone
D. Employee's designation
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UPSC Principal & Vice Principal Management Finance Administration

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