Question: How do you figure out the exact time? Prill Problem 10-6 (Algo) [LU 10-1 (2)] omplete the following using ordinary interest. ( Use Days in
How do you figure out the exact time?

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Prill Problem 10-6 (Algo) [LU 10-1 (2)] omplete the following using ordinary interest. ( Use Days in a year table.) (Do not round intermediate calculations. Round ne "Interest" and "Maturity value" to the nearest cent.) Interest Principal $ 1,485 Interest rate 6% Date borrowed July 23 Date repaid Jan. 19 Maturity value Exact time 85 31 31 Day of month 28 Feb. 31 Mar 30 Apr 31 May 30 June Jan 31 July 31 Aug 30 Sept. 30 Nov. Oct 31 Dec 60 91 121 152 182 244 335 1 2 3 1 2 3 32 33 34 35 122 123 124 305 306 307 308 336 337 338 4 4 153 154 155 156 157 158 183 184 185 186 187 188 5 125 309 339 61 52 63 64 65 66 67 68 69 5 6 36 37 125 300 7 7 8 38 39 8 159 160 9 9 40 41 361 342 343 344 345 346 161 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 10B 109 10 11 12 13 70 42 43 10 11 12 13 14 15 16 17 18 19 162 163 274 275 276 277 278 279 280 281 282 283 284 285 286 287 288 289 290 291 292 127 128 129 130 131 132 133 134 135 136 137 138 139 14 71 72 73 74 25 76 77 78 45 46 47 48 49 50 15 16 17 213 214 215 216 217 218 219 220 221 222 223 224 225 226 227 228 229 230 231 232 233 234 225 236 237 238 239 189 190 191 192 193 194 195 196 197 198 199 200 201 202 203 164 165 166 167 168 169 170 245 246 247 248 249 250 251 252 253 254 255 256 257 258 259 260 261 262 263 264 265 266 267 268 269 270 271 272 273 310 311 312 313 314 315 316 317 318 319 320 321 322 333 324 325 326 327 328 329 330 331 348 349 350 351 352 18 19 20 51 79 110 160 171 203 353 354 355 356 20 21 22 21 52 53 80 81 111 112 172 173 174 175 29 54 22 23 24 25 26 27 28 29 30 176 55 56 57 58 59 82 83 84 85 86 87 88 24 25 26 27 28 29 30 31 113 114 115 116 117 118 119 120 141 142 143 144 145 146 147 148 149 150 151 294 295 296 297 298 299 300 204 205 205 207 208 209 210 211 212 357 358 359 360 361 177 178 179 180 181 240 241 242 301 302 303 332 333 334 362 363 364 365 89 90 31 223 304 Often referred as a Julian calendar
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