The difference between DAYS and DAYS360 formulas

DAYS360:

The DAYS360 function is used  to calculate number of days between two dates. But it is based on the assumption that each month in a year has 30 days. This method is adopted in some financial institutions for the calculation of interest and other accounting purposes.

DAYS():
However Excel 2016 version has DAYS() formula which calculates the number of calendar days between two dates.
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