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 87 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?

In most climates, 8 to 10 glasses of water per day is recommended for adults. The best indicator for adequate fluid intake is frequent, clear urination.

Did you know?

Walt Disney helped combat malaria by making an animated film in 1943 called The Winged Scourge. This short film starred the seven dwarfs and taught children that mosquitos transmit malaria, which is a very bad disease. It advocated the killing of mosquitos to stop the disease.

Did you know?

Nearly all drugs pass into human breast milk. How often a drug is taken influences the amount of drug that will pass into the milk. Medications taken 30 to 60 minutes before breastfeeding are likely to be at peak blood levels when the baby is nursing.

Did you know?

A seasonal flu vaccine is the best way to reduce the chances you will get seasonal influenza and spread it to others.

Did you know?

Despite claims by manufacturers, the supplement known as Ginkgo biloba was shown in a study of more than 3,000 participants to be ineffective in reducing development of dementia and Alzheimer’s disease in older people.

CycleBeads help women use the Standard Days Method. CycleBeads help women use the Standard Days Method.
Three possible phylogenies for the australopithecines with Au. anamnesis as the stem ancestor and re Three possible phylogenies for the australopithecines with Au. anamnesis as the stem ancestor and re
Example of calculation of days in accounts receivable (AR). Example of calculation of days in accounts receivable (AR).
Determination of the Number of Polygenes (n) Determination of the Number of Polygenes (n)
14 June 2023 14 June 2023
100 days in school 100 days in school
Video: Cytotoxic T cell receptors, activation, proliferation, differentiation & action

For a complete list of videos, visit our video library