Use the exact interest method (365 days) and the ordinary interest method (360 days) to compare the amount of interest for the following loans.
Principal Rate(%) Time(days) Exact Interest Ordinary Interest
$486,000

Understanding Basic Statistics
Mathematical Excursions (MindTap Course List)
Multivariable Calculus
Single Variable Calculus
Precalculus: Mathematics for Calculus (Standalone Book)
Applied Calculus for the Managerial, Life, and Social Sciences: A Brief Approach
Elementary Geometry For College Students, 7e
Calculus: Early Transcendental Functions
Essentials Of Statistics
Elementary Technical Mathematics
Probability and Statistics for Engineering and the Sciences
Single Variable Calculus: Early Transcendentals, Volume I
Statistics for The Behavioral Sciences (MindTap Course List)
Calculus (MindTap Course List)
Finite Mathematics
Calculus: An Applied Approach (MindTap Course List)
Intermediate Algebra
Essentials of Statistics for The Behavioral Sciences (MindTap Course List)
Calculus: Early Transcendentals
Finite Mathematics and Applied Calculus (MindTap Course List)
Mathematical Applications for the Management, Life, and Social Sciences
Calculus of a Single Variable
Calculus: Early Transcendental Functions (MindTap Course List)
Trigonometry (MindTap Course List)
Single Variable Calculus: Early Transcendentals
Elements Of Modern Algebra
Elementary Geometry for College Students
Finite Mathematics for the Managerial, Life, and Social Sciences
Study Guide for Stewart's Multivariable Calculus, 8th
Study Guide for Stewart's Single Variable Calculus: Early Transcendentals, 8th
Mathematics: A Practical Odyssey
Mathematics For Machine Technology
STATISTICS F/BUSINESS+ECONOMICSTEXT
Multivariable Calculus
Calculus (MindTap Course List)
Research Methods for the Behavioral Sciences (MindTap Course List)
Introduction To Statistics And Data Analysis
Research Methods for the Behavioral Sciences (MindTap Course List)
College Algebra (MindTap Course List)
Statistics for Business & Economics, Revised (MindTap Course List)
Modern Business Statistics with Microsoft Office Excel (with XLSTAT Education Edition Printed Access Card) (MindTap Course List)
Discrete Mathematics With Applications
A First Course in Differential Equations with Modeling Applications (MindTap Course List)
Functions and Change: A Modeling Approach to College Algebra (MindTap Course List)
Essentials Of Statistics For Business & Economics