Argus Enterprise - Debt Financing (Calc Method)
Can someone explain to me what is Argus doing here with the different Calc Method. The drop-down options has semi-annual, 12 months and 360 days.
Thanks
12 Months (Default): Divides the annual interest rate by twelve.
360 Days: Multiplies the monthly interest rate by 365 then divides by 360.
Semi-Annual: Compounds interest twice per year then applies payments monthly.
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