Term of Loan/Date of Loan using Banker's Rule?

I need helps in solving this question. I have to submit it by today.Tq
On 4 Oct 2010, Alia paid $8200 for his loan of $8000 made on a certain date. If the simple interest rate was 5%, determine:
a)the term of the loan
b)the date of the loan using Banker's Rule

Similar Questions

1. Use the United States Rule and/or the Banker's Rule to determine the balance due on the loan at the date of maturity.The
1. 0 answers
A $9,000 loan is to be repaid in three equal payments occurring 60, 180, and 300 days, respectively, after the date of the loan.
1. 3 answers
From the following information, determine the maturity date of the loan.Enter the full name of the month. (E.g., March) Loan
1. 2 answers
From the following information, determine the maturity date of the loan.Enter the full name of the month. (E.g., March) Loan
1. 1 answer