Use a Day Counting Table to Determine the Due Date

question 87

Multiple Choice

Use a day counting table to determine the due date of the loan if the loan is made on the given date for the given number of days.
-March 25 for 60 days

• A) March 1
• B)June 9
• C) May 19
• D) May 24

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Definitions:

Beers

Alcoholic beverages made from yeast-fermented malt flavored with hops.

Day

A period of 24 hours from midnight to midnight, representing one rotation of the Earth on its axis.

Marginal Utility

The boost in satisfaction or usefulness experienced by someone when they consume another unit of a good or service.

Spending

The process of spending money to buy goods or services.