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Rate Type

the interest rate expressed as either an annual or a daily rate

Union cases

Union case Description

Annual Annual

Full Usage: Annual Annual

Parameters:

the annual interest rate, or the daily interest rate multiplied by 365

Annual : Percent

Daily Daily

Full Usage: Daily Daily

Parameters:

the daily interest rate, or the annual interest rate divided by 365

Daily : Percent

Zero

Full Usage: Zero

a zero rate

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