How important is daily factor in banking?
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smitty
Apprentice
Joined: 28 Dec 2003
Posts: 3
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 Posted: 07/16/08 - 04:09 Post subject: |
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| When it comes to banking I was always highly interested in the area and I thought honestly that one day I am going to work in a bank, but life had other plans for me. Now I am only interested as an amateur, I like to talk about more and less important calculations and I appreciate people who have similar interests. Those people might talk to me about daily factors. By your opinion, how important is daily factor in banking? What do you know about daily factors? |
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ban
Apprentice
Joined: 21 Nov 2007
Posts: 5
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| Posted: 08/15/08 - 02:09 Post subject: |
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| I have been asking the same question just a year ago because I never thought that daily factors are good information for any institution and for any purpose. Sometimes I still wonder if they were right. But other companies really appreciate this information and they are multiplying it to 365 as if that is the main figure that they’ll get. I can’t really guarantee which is better for it does seem quite the same in the end. |
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