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Last week, Dell's manager fired him for continually coming to work late. In the event that Dell attempts to sue the manager for unjustly firing him, what would help the manager's case?
Ordinary Simple Interest
A method for calculating the interest charge on a loan or investment based on the original principal, rate, and length of time, without compounding.
360-Day Year
A financial calculation assumption where the year is considered to have 360 days for simplifying interest related calculations.
Ordinary Simple Interest
Interest calculated on the principal amount of a loan or investment based on a simple interest rate, without the compounding factor.
360-Day Year
An accounting approximation that treats all months as having 30 days, used in calculating interest with a simplified approach.
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