This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: What is the number of days in a loan that extends from January 21 to June 20? Assume a nonleap ... (Read 38 times)

shenderson6

  • Hero Member
  • *****
  • Posts: 573
on: Jun 24, 2018
What is the number of days in a loan that extends from January 21 to June 20? Assume a nonleap year.

Question 2

What is the maturity due date on a 100-day loan that begins April 15?


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

leahchrapun

  • Sr. Member
  • ****
  • Posts: 332
Reply #1 on: Jun 24, 2018
Answer to Question 1

150 days;
10 more days in January plus 28 in February, 31 in March, 30 in April, 31 in May, and 20 in June
10 + 28 + 31 + 30 + 31+ 20 = 150 days

Answer to Question 2

July 24;
15 more days in April; 31 in May; 30 days in June;
15 + 31 + 30 = 76; 100 - 76 = 24, therefore July 24


shenderson6

  • Hero Member
  • *****
  • Posts: 573
Reply #2 on: Jun 24, 2018
Thank you :)


leahchrapun

  • Sr. Member
  • ****
  • Posts: 332
Reply #3 on: Jun 24, 2018
Happy to help you


« previous next »
 

Did you know?

Fatal fungal infections may be able to resist newer antifungal drugs. Globally, fungal infections are often fatal due to the lack of access to multiple antifungals, which may be required to be utilized in combination. Single antifungals may not be enough to stop a fungal infection from causing the death of a patient.

Did you know?

Atropine, along with scopolamine and hyoscyamine, is found in the Datura stramonium plant, which gives hallucinogenic effects and is also known as locoweed.

Did you know?

Complications of influenza include: bacterial pneumonia, ear and sinus infections, dehydration, and worsening of chronic conditions such as asthma, congestive heart failure, or diabetes.

Did you know?

Malaria mortality rates are falling. Increased malaria prevention and control measures have greatly improved these rates. Since 2000, malaria mortality rates have fallen globally by 60% among all age groups, and by 65% among children under age 5.

Did you know?

There are over 65,000 known species of protozoa. About 10,000 species are parasitic.

Flower part number is a characteristic difference between monocots and eudicots (a) Flowers and buds Flower part number is a characteristic difference between monocots and eudicots (a) Flowers and buds
Nam June Paik, Video Flag. Nam June Paik, Video Flag.
The distribution of high-energy, nutritious biscuits was a lifeline in the first days after the 2010 The distribution of high-energy, nutritious biscuits was a lifeline in the first days after the 2010
Plot showing the number of genes on each human chromosome Plot showing the number of genes on each human chromosome
The charge for telephone calls T is partly constant and partly varies with the number N of ... The charge for telephone calls T is partly constant and partly varies with the number N of ...
January 30 2024 January 30 2024
Video: How to find out if a population is evolving?

For a complete list of videos, visit our video library