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    How are mounted deposit charges calculated in a bissextile year? Right here’s how banks deal with the additional day | Enterprise

    February 29, 2024 - By how finance works

    FD fee calculation: Have you ever ever questioned how banks calculate mounted deposit rates of interest in a bissextile year? Leap years occur each 4 years and encompass Three hundred and sixty six days, not like the standard 365. This yr, February has 29 days. With an additional day in…

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