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Case 2-2
Life Decisions Cyber Cafe is a cafe with free Internet service and computers that are linked to various online career opportunities. They have set up their computers to display their Web site to help users have a starting point
-The owner thinks he may load some interview techniques videos on the Web site for customers to download and view.What should he include when linking to them?
Ordinary Simple Interest Rate
The standard rate at which interest is calculated on a loan or investment, based on the original principal amount only.
360-Day Year
A simplified method of calculating interest using a 360-day year instead of 365 days, commonly used in banking.
Exact Simple Interest
Refers to interest calculated precisely on the principal amount of a loan or investment, without compounding, over a specific time period.
365-Day Year
A method of interest calculation that uses a full calendar year to determine the amount due.
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