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Difference Between Simple Interest and Compound Interest with Example, Formula and Comparison Chart
For example, if the interest rate is 8% per year, but the calculation in question calls for a quarterly interest rate, then the relevant interest rate is 2% per quarter. The 2% per quarter is equivalent to a simple interest rate of 8% per year. It is not the same, however, in the case of…
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7 Reasons Why Bookkeeping is Important for Your Business
Content Find Remote Bookkeeping Jobs With FlexJobs Follow Accounting Standards Outlined by Professional Organizations How To Become A Certified Bookkeeper: Certification And Requirements Explore three reasons why nonprofits are turning to outsourced bookkeeping services to meet their needs. If running your own business appeals to you, accounting offers opportunities for self-employment. With the right amount…