Does anyone know how to work out the charging of interest. If someone owes you lets say R120 000.00, since 2005. How would you work out the interest? I know its something like 0.365 x the amount outstanding, but can't remember.
Does anyone know how to work out the charging of interest. If someone owes you lets say R120 000.00, since 2005. How would you work out the interest? I know its something like 0.365 x the amount outstanding, but can't remember.
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