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MY$$MICHIGAN MY$$MICHIGAN
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7 years ago
EOM means end of month right? So is the 5/15 meaning 5% of 15 days before or after the end of the month?
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Educator
7 years ago
Quote from: MY$$MICHIGAN (7 years ago)
EOM means end of month right? So is the 5/15 meaning 5% of 15 days before or after the end of the month?

Yes

5/15 is one third of the month.
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