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How political interest groups wield power and how much power they have depends on
365-Day Year
The 365-Day Year is a time measurement convention considering a year to have exactly 365 days, ignoring leap years.
Ordinary Simple Interest Rate
The standard rate at which interest is calculated on a loan or investment, based on the original principal amount only.
360-Day Year
A simplified method of calculating interest using a 360-day year instead of 365 days, commonly used in banking.
Exact Simple Interest
Refers to interest calculated precisely on the principal amount of a loan or investment, without compounding, over a specific time period.
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