There are two types of financial helpers for these endeavors â bookkeepers and accountants. Understanding the difference between the two is crucial before settling. Bookkeepers record a company's day-to-day transactions, while accountants verify and analyze that information â but there's much more to it. Here's what you need to know before hiring either of them for your business. Bookkeeping vs. accounting
.alert a { font-weight:bold } All Bank of Canada exchange rates are indicative rates only, obtained from averages of transaction prices and price quotes from financial institutions. Please read our full terms and conditions for details.ll Bank of Canada exchange rates are indicative rates only, obtained from averages of transaction prices and price quotes from financial institutions. Please read our full terms and conditions for details.
The rate of interest is 2% per month. For 12 months the equivalent rate of interest is (1+.02) ^12 -1. This is approximately 26.82 %. The equivalent annual interest rate for the credit card is 26.82%. So for an amount of $1000, the interest to be paid is $268.2.