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Name: Year and Section:

FINAL: General Mathematics 2. Determine the number of days in a note dated March 28 due on December 8.
Problem Set #1: Determining Time Period
1. Find the due date of a note for 115 days dated August 30.
3. Find the actual and approximate time of the following dates:
a. September 14, 2015 to April 17, 2016 b. August 16, 2014 to December 8, 2018
2. Determine the number of days in a note dated March 28 due on December 8. Approximate Approximate
Month Actual Time Month Actual Time
Time Time

3. Find the actual and approximate time of the following dates:

a. September 14, 2015 to April 17, 2016 b. August 16, 2014 to December 8, 2018
Approximate Approximate
Month Actual Time Month Actual Time
Time Time

4. Find the due dates of each of the following notes using actual time:
Date of Loan Term of Loan Due Date
a. January 3, 2017 30 days
b. April 9, 2016 45 days
c. December 30, 2015 60 days
4. Find the due dates of each of the following notes using actual time: d. November 11, 2014 90 days
Date of Loan Term of Loan Due Date e. July 17, 2014 135 days
a. January 3, 2017 30 days
b. April 9, 2016 45 days 5. Find the due dates of each of the following notes using approximate time:
c. December 30, 2015 60 days Date of Loan Term of Loan Due Date
d. November 11, 2014 90 days a. January 28, 2013 4 months
e. July 17, 2014 135 days b. May 1, 2014 6 months
c. August 31, 2015 8 months
5. Find the due dates of each of the following notes using approximate time: d. November 1, 2016 10 months
Date of Loan Term of Loan Due Date e. December 14, 2017 12 months
a. January 28, 2013 4 months 6. Find the time, in days, of each of the following notes using actual time:
b. May 1, 2014 6 months a. February 14, 2014 to July 10, 2014
c. August 31, 2015 8 months b. January 13, 2015 to November 8, 2015
d. November 1, 2016 10 months c. March 28, 2015 to August 16, 2015
Name:
e. December 14, 2017 12 months Year and Section: d. December 25, 2015 to August 1, 2016
FINAL: General Mathematics e. October 10, 2015 to June 23, 2016
Problem Set #1: Determining Time Period
1. Find the due date of a note for 115 days dated August 30. 6. Find the time, in days, of each of the following notes using approximate time:
a. August 10, 2014 to November 8, 2014
b. January 5, 2015 to December 15, 2015
c. June 30, 2015 to July 18, 2016 7. How much exact and ordinary simple interest should Judith pay for a loan of P18,250 at 14%
d. October 5, 2016 to May 1, 2017 interest borrowed in October 16, 2016 if she promised to pay everything on March 23, 2017 using
e. September 5, 2015 to June 20, 2016 actual and approximate time?

7. How much exact and ordinary simple interest should Judith pay for a loan of P18,250 at 14% Solution:
interest borrowed in October 16, 2016 if she promised to pay everything on March 23, 2017 using Month Actual Time Approximate Time
actual and approximate time?

Solution:
Month Actual Time Approximate Time

Total

a. Exact Interest using Actual Time b. Exact Interest using Ordinary Time

Total

a. Exact Interest using Actual Time b. Exact Interest using Ordinary Time

c. Ordinary Interest using Actual Time d. Ordinary Interest using Approximate Time

c. Ordinary Interest using Actual Time d. Ordinary Interest using Approximate Time

6. Find the time, in days, of each of the following notes using actual time:
a. February 14, 2014 to July 10, 2014
b. January 13, 2015 to November 8, 2015
c. March 28, 2015 to August 16, 2015
d. December 25, 2015 to August 1, 2016
e. October 10, 2015 to June 23, 2016

6. Find the time, in days, of each of the following notes using approximate time:
a. August 10, 2014 to November 8, 2014
b. January 5, 2015 to December 15, 2015
c. June 30, 2015 to July 18, 2016
d. October 5, 2016 to May 1, 2017
e. September 5, 2015 to June 20, 2016