Question: Statistics and Probability A loan made on March 7 is due September 15 of the following year. Find the exact time for the loan in

Statistics and Probability
A loan made on March 7 is due September 15 of the following year. Find the exact time for the loan in a non-leap year and a leap year.

I'm having a hard time understanding this. I use till the same year but it's wrong and wants an answer to the next year and I still can't grasp it. Can someone explain?

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Certainly Lets break down the problem step by step to find the exact time for the loan both in a nonleap year and in a leap year Well calculate the nu... View full answer

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