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 9. $32,400 8.6 241 ______________ ________________

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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 9. $32,400 8.6 241 __

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Solutions

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

9. $32,400 8.6 241 __

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Additional Math Textbook Solutions

Principal	Rate (%)	Time (days)	Exact Interest	Ordinary Interest
9. $32,400	8.6	241	______________	________________