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Find the due date using ordinary time for a loan made on September 15 for 120 days.
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Find the exact interest on a loan of $3,500 at 12 1/2% annual simple interest for 45 days.
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A loan of $2,000 with a simple annual interest rate of 14% was made on June 14 and was due on August 14 of the same year. Find the exact interest using exact time.
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Use the exact time to find the due date of a loan that is made on February 10 of a leap year and is due in 60 days.
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A loan made on February 10 is due September 10 of the same year. Find the ordinary time for the loan if it is not a leap year.
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