1 Liter = 1000 Milliliters. Liter (litre in british english) is a volume unit which equals to 1 cubic decimeter. It is commonly used in daily life to measure the fluids. 1 liter of water has a mass about 1 kilogram. The abbreviation is l.
Per diem (daily) interest While simple interest is generally simple to calculate over the life of a loan or investment, it can also be useful to know how much interest is accruing on a daily, or per-diem, basis. To calculate per-diem interest, take the interest rate (be sure to express it as a decimal, so 10% becomes 0.10) and divide by 365 to determine the daily interest rate. Multiplying this amount by the principal will result in your per-diem interest. Here it is written as a mathematical formula:
To keep things simple, the Internal Revenue Service (IRS) allows the use of per diem (Latin meaning âfor each dayâ) rates. Per diem rates are the equivalent of a fixed amount paid to employees to compensate for lodging, meals, and incidental expenses incurred when traveling on business rather than using actual expenses. These rates are also used for federal income tax purposes.