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Describe the plain touch or plain feel doctrine.
360-Day Year
An accounting practice assuming twelve 30-day months, used for simplicity in calculations and financial models.
Exact Simple Interest
Interest calculated based on the principal amount for a specific number of days, using a 365-day year.
365-Day Year
A calendar method that assumes each year has 365 days for the purpose of interest calculation, ignoring leap years.
Milling Machine
A tool used in machining processes for shaping metal and other solid materials, utilizing rotary cutters to remove material.
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