And, the now larger principal balance starts to accrue interest on a daily basis, so you will be paying interest on the accrued interest. (studentloancoach.info)
If your bank compounds interest on a daily basis, $ 20 saved today will be worth a great deal more tomorrow. (thecollegeinvestor.com)
Most companies calculate interest on a daily basis, so the sooner they receive your payment, the less interest you'll pay. (hzcu-mortgage.org)