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MAP QUESTIONS
Instructions: Choose the letter on the accompanying map of the eastern United States that correctly identifies each of the following:
Pawtucket, Rhode Island
360-Day Year
A simplified accounting method where the year is considered to have 360 days for the calculation of interest and other financial metrics.
Two Years
A period of time equal to 24 months or 730 days, typically used as a measure for planning or agreements.
Exact Interest
Interest calculated based on a 365-day year, used to provide a precise interest computation.
360-Day Year
A financial calculation convention using a simplified year of 360 days to facilitate easier interest calculations.
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