A loan dated 2nd February 2013 was termed for 8 months for full settlement. If the payer wants to make full payment on 20th August 2013, what is the exact number of days from the date of the loan to the day payment was made?

College Algebra
1st Edition
ISBN:9781938168383
Author:Jay Abramson
Publisher:Jay Abramson
Chapter9: Sequences, Probability And Counting Theory
Section9.4: Series And Their Notations
Problem 5SE: What is an annuity?
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A loan dated 2nd February 2013 was termed for 8 months for full settlement. If the payer wants to make full payment on 20th August 2013, what is the exact number of days from the date of the loan to the day payment was made?
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