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Daily Compound Interest rate

Summary:

Definition of daily compound interest rate, currently no other option in Lease setup. Client requires monthly rate for discounting, how can lease accounting cater the requirement?

Any formula , sample to add in the explanation for the daily compound interest rate?

Content (please ensure you mask any confidential information):


Version (include the version you are using, if applicable):

23C

Code Snippet (add any code snippets that support your topic, if applicable):

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