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Lucky Champ owes $214.20 interest on a 7% loan he took out on his March 17 birthday to upgrade an oven in his Irish restaurant,
Lucky Champ owes $214.20 interest on a 7% loan he took out on his March 17 birthday to upgrade an oven in his Irish restaurant, Lucky's Pub and Grub. The loan is due on August 17. What is the principal? (Use Days in a year table.) (Use 360 days a year. Do not round intermediate calculations.) Principal TABLE 7.1 Exact days-in-a-year calendar (excluding leap year) 31 Day of month 31 Jan. 28 Feb. 30 Apr. 31 May 30 June 31 July 31 Aug. 30 Sept. 31 Oct. 30 Nov. 31 Dec. Mar. 1 1 32 60 121 152 182 213 244 274 305 335 91 92 2 2. 33 61 122 153 183 214 336 245 246 306 307 3 3 34 62 93 123 154 215 275 276 277 184 185 337 338 4 4 35 63 94 124 155 216 247 308 5 36 64 95 125 156 186 278 309 339 217 218 6 6 37 65 96 126 157 187 248 249 250 279 310 340 7 7 38 66 97 127 158 188 219 280 311 341 8 8 39 67 98 128 159 189 251 281 342 312 313 9 40 68 99 129 160 220 221 222 190 252 282 343 10 10 41 69 100 130 161 253 283 314 191 192 11 11 42 70 101 131 162 223 254 284 315 344 345 346 12 12 43 71 102 132 163 193 224 255 285 316 13 13 44 72 103 133 164 194 225 256 286 317 347 14 45 73 104 134 165 195 226 257 287 318 348 15 15 46 74 105 135 166 196 227 288 258 259 16 16 47 75 106 167 197 228 136 137 289 290 319 320 321 322 17 17 48 76 107 168 198 229 260 329 350 351 352 353 18 18 49 77 108 138 199 230 261 291 169 170 19 19 50 78 109 139 200 231 262 292 328 20 79 140 201 263 324 354 20 21 22 51 52 110 111 171 172 21 80 141 202 203 232 233 234 264 265 293 294 295 325 326 355 356 53 81 112 142 173 23 23 54 82 113 143 174 204 235 266 357 24 24 83 114 144 175 205 236 267 296 297 298 327 328 329 25 84 115 145 176 206 268 25 26 55 56 57 58 146 26 27 85 86 116 117 177 178 207 208 237 238 239 299 300 147 269 270 271 272 358 359 360 36 362 36 364 365 28 28 59 87 118 179 209 240 330 351 332 353 834 29 88 180 29 30 3 148 149 150 151 119 120 901 302 303 30 89 210 211 212 181 241 242 243 278 3 90 304
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