Real Estate Math
Using a 30/360 day count method, how many days of interest does a seller owe if they sell on June 15?
A165 days (Jan 1 through June 15)✓ Correct
B166 days
C180 days
D160 days
Explanation
Using 30-day months: January (30) + February (30) + March (30) + April (30) + May (30) + June 1–15 (15) = 165 days.
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