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It has the very best everyday accrual price as the annual desire fee is split by 360 and it has the highest month to month accrual amount of money since it is accrued above the actual range of days during the thirty day period.
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Annual desire amount for this loan. Desire is calculated month to month at 1/360th on the once-a-year rate situations the number of days while in the thirty day period on the current excellent balance of your loan.
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