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the question get me confused, especially for B22 and B34...please help me 1 Accessibility tab summary: Given information for this question is presented in row
the question get me confused, especially for B22 and B34...please help me
1 Accessibility tab summary: Given information for this question is presented in row 2. Requirement 1 information is presented in rows 8 through 14 . Requirement Lucky Champ owes $191.25 interest on a 6% 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 (assume ordinary interest)? Required: Note: Use cells A12 and A13 from the given Information to complete this question. 1. What is the number of days between the two dates listed below? 10 Note: Use the DATEDIF or DAYS function to calculate the number of days. 11121314151617183/17/20208/17/2020Numberofdays2.Whatisthetime?3.Whatistheterm? 18 3. What is the term? 19 Note: Answer should be entered as a numeric value and not a formula. 20 Note: Answer should be entered as a numeric value and not a formula. 21 22 Term 23 24 4. What is the interest paid? 26 Note: Answer should be entered as a numeric value and not a formula. 272930Interestpaid5.Whatisthedaysintheyear? 32 Note: Answer should be entered as a numeric value and not a formula. 33 Days in the year 35 36 6. What is the annual simple interest? 38 Note: Answer should be entered as a numeric value and not a formula. 39 Note: Answer should be 191.25 \begin{tabular}{l|l|l} 42 & 17. What is the principal? \\ 44 & 45 & 0.06 \\ \hline \end{tabular} 4647 Students: The scratchpad area is for you to do any additional work you need to solve this question or can be used to show your work. 47 Nothing in this area will be graded, but it will be submitted with your assignment. Graded Worksheet +Step by Step Solution
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