calculated
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ZF English
Interest rates calculated by Romanian banks stir controversy
When someone applies for a loan, the banks often present only the interest rates and a list including the value of all the monthly instalments to the last penny. Perhaps no one ever wonders how the bank actually calculates the interest rates. If the loan appli...
ZF English
Profit tax to be calculated annually, 5% drop envisioned for 2005
The Romanian companies have to wait until 2005 to escape the hassle of declaring the profit tax every three months (and even every month in the case of banks). According to the Finance Minis...