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The direction of causality cannot be inferred logically from non-experiments, which results in more than one possible causal explanation.
365-Day Year
A method used in finance that assumes a year consisting of 365 days for calculating interest, ignoring leap years.
Exact Simple Interest
Interest calculated on the initial principal of a loan or deposit, based on a precise calculation method rather than the common approximation methods.
365-Day Year
A method used in finance and accounting that assumes a year consists of 365 days to simplify interest rate calculations, disregarding leap years.
Exact Simple Interest
Interest calculated on the principal amount of a loan or investment, based on a 365-day year without compounding.
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