In each problem, (1) compute the actual exact interest (365-day year) and (2) estimate the interest by rounding the principal to the nearest hundred dollars. For each estimate, assume that a year has 360 days and use the given suggestion to create a shortcut.
Definitions:
Analogical
Pertaining to or based on analogy, the comparison between two things for the purpose of explanation or clarification.
Symbolic
Relating to or characterized by symbols or symbolism, often representing something abstract in concrete form.
Analogical Representation
The mental depiction of one idea based on the structure or details of another, analogous situation.
Subway Map
A graphical representation designed to illustrate the routes and stations within a public metro or underground railway system.
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