find the interest 5,000 at 8% per year from 23rd December to 29th July 2012
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I have solved it and posted the pic. pls see to it
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rules of this kind of sums:
- The day on which the money is borrowed is not included in the time.
- The day on the the money is paid back to the money lender is included.
- if it is a leaf year , the month of February has 29 days.
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