To pay for a home improvement project that totals $20,000, a homeowner is choosing between two different credit card loans with an interest rate of 3%. The first credit card compounds interest semi-annually, while the second credit card compounds monthly. The homeowner plans to pay off the loan in 10 years.

Part A: Determine the total value of the loan with the semi-annually compounded interest. Show all work and round your answer to the nearest hundredth.

Part B: Determine the total value of the loan with the monthly compounded interest. Show all work and round your answer to the nearest hundredth.

Part C: What is the difference between the total interest accrued on each loan? Explain your answer in complete sentences.