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In a Type II survivorship curve mortality is constant with age.
360-Day Year
An accounting method that simplifies interest calculation by assuming all months have 30 days, resulting in a 360-day year.
Total Amount
The complete sum or quantity of something.
Ordinary Interest
Interest calculated based on a 360-day year, typically used in banking and finance for loans and savings.
Total Amount
The aggregate or final sum of various components, such as the total cost, payment, or investment value.
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