Answer / nazeer ahammed

1) balance Interest calculated on account balance.
2) Item intrest is calculated on item due date.

Answer / s s

1) Balance Interest Calculated on Outstanding Account
Balance.
2) Item Intrest is calculated on Open Line Item.

Answer / nazeer ahammed

1)THE INTEREST IS CALCULATED ON THE ACCOUNT BALANCE
2)ITEM INTEREST CALCULATION IS CALCULATED ON ITEM DUE DATE.

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