Hi
I need some help in calculating or identifying the correct date of payments, like the conceptual breakdown or some tips on how best to go about it.
I came a cross a problem that had m-thly payments beginning in june or july and ended in oct or november and it had some missed payments in between. The goal was to identify a specific date of payment, I don't exactly recall if it was the last payment or X-th number of payment. It seemed really easy but I had a difficult time arriving at a date given in the multiple choice.
I know there is not a lot of information to go by but if anyone can shed light on this matter I'd greatly appreciate it.
Thank you.
I need some help in calculating or identifying the correct date of payments, like the conceptual breakdown or some tips on how best to go about it.
I came a cross a problem that had m-thly payments beginning in june or july and ended in oct or november and it had some missed payments in between. The goal was to identify a specific date of payment, I don't exactly recall if it was the last payment or X-th number of payment. It seemed really easy but I had a difficult time arriving at a date given in the multiple choice.
I know there is not a lot of information to go by but if anyone can shed light on this matter I'd greatly appreciate it.
Thank you.
Calculate the date