Examlex
When comparing which of the following trend models is the adjusted R2 not used?
Exact Simple Interest
Interest calculated on the initial principal of a loan or deposit, based on a precise calculation method rather than the common approximation methods.
365-Day Year
A method used in finance and accounting that assumes a year consists of 365 days to simplify interest rate calculations, disregarding leap years.
Exact Simple Interest
Interest calculated on the principal amount of a loan or investment, based on a 365-day year without compounding.
Loan Period
The duration of time from when a loan is issued to when it is expected to be fully repaid, including its principal and interest.
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