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Most Upvoted Answer
how to calculate at the end of every month Related: Interest on drawi...
(time left after 1st drawing + time left after last drawing) ÷ 2

so , (11+1)÷2=6
=6 months
Community Answer
how to calculate at the end of every month Related: Interest on drawi...
Intrest on drawings =rate/100× average period 11/2×12
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how to calculate at the end of every month Related: Interest on drawings & Cases - Partnership Fundamentals, Accountancy - Class 12?
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