On what date was a $1000 loan granted if the interest accrued as at November 16, 2011 was $50.05? The interest rate on the loan was 7¼ %.

Name: On what date was a $1000 loan granted if the interest accrued as at November 16, 2011 was $50.05? The interest rate on the loan was 7¼ %.
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The Answer of On what date was a $1000 loan granted if the interest accrued as at November 16, 2011 was $50.05? The interest rate on the loan was 7¼ %.

On What Date Was a $1000 Loan Granted If the Interest