Question

What do you find the easiest and fastest way to calculate "number of days" and due dates of loans? I have a chart in my text that seems to stink, and there are place online you can put in both start and end date and get the number. It's only hard for me when I have a start date, ie July 4th and then the problem says 128 days from that. I know I sound dingy but it's only because I am;) Just wondering what "the big boys use" to calculate:) Surely not fingers and toes;) denise

Answer 1

there are 2 ways in calculating the number of days; approximate time and exact time. it depends upon the problem.

Answer 2

Ok, so if they ask me a question like the loan was taken out on April 13, and it is due in 128 days, how would you calculate it? Thank you much, denise

Answer 3

approx. divide 128 by 30 then add the whole # as months and add the remainder as days

Answer 4

Ok, I will give that a try, and thank you again;) denise