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Calculate the discount period for the bank to wait to receive its money: (Use Days In a year table): Length of note Date of note

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Calculate the discount period for the bank to wait to receive its money: (Use Days In a year table): Length of note Date of note September 18 Date note discounted October 9 Discount period days 45 days TABLE 7-1 Exact days-n-a-year calendar (excluding leap year}" Day of month 31 Jan. 31 Mar to 10 TABLE 7-1 Exact days-in-a-year calendar (excluding leap yoan 31 Day of month 31 31 Jan. 28 Feb. 31 Mar. 30 June 31 Aug. NN

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