Page 15 - Chapter 23 - Interest
P. 15
Solution cont.
Oct – 31
March – 31 Nov – 30
d
Apr – 30 Dec – 31
May – 31 Jan – 31
June – 30 Feb – 28
July – 31
Aug – 31
Accrual period Sept - 30 Accrual period
Oct – 31
Nov – 30 5 months
Dec – 31
Jan – 31 151 days
Feb – 28 214 days 151 days
1 Oct 2013 28 Feb 2014 30 Sept 2014 28 Feb 2014 30 Sept
2015
