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Define and give an example of psychological dependence and physical dependence.
365-Day Year
A calendar year approach used in financial calculations, assuming the year has exactly 365 days for the purpose of interest computation.
Hair Salon
A business establishment offering services related to hair treatment, such as cutting, coloring, and styling.
Exact Interest
interest calculation based on a 365-day year or the actual number of days in a partial year, offering more precision than ordinary interest methods.
365-Day Year
a calculation basis for interest that uses the actual number of days in a year, providing a more precise interest calculation compared to the ordinary interest method.
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