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TifyTafy
Jun 10, 2008, 01:12 PM
How do you calculate interest revenue?

morgaine300
Jun 10, 2008, 10:21 PM
Depends on what you're doing. The basic calculation for interest is principal x rate x time. But I can think of situations where that doesn't really work.

delite
Jun 12, 2008, 08:55 PM
you may find exceptions to the previous described rule if you buy a security at a discount or a premium.