formula forward!
Written by Γιάννης Αποστολίδης Thursday, 20 May 2010 20:42
This is a comment on "Fixed deposits"
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Formula to calculate interest
1
Thursday, 20 May 2010 22:47
Ο Τσιγκούνης
The formula is correct for most banks in Greece. But some, like Citibank and the Millennium, calculate interest at the year of 365 days. To ensure accuracy of course you need to count how many days is just the quarter.