What is the exact time from January 25, 2004, to July 1, 2004?

On July 1, 2004, Jim bought a $3000, 90-day note. On August 20, 2004, Jim needed cash and sold his note to Pete who requires 10% on his investments. How much did Pete pay Jim for his note?

Laura Kay borrows $5000 on 3/10/05 and pays back $4000 on 6/10/05. What is the outstanding balance on the loan on 8/10/05 at 5%? Use the United states Rule.

Find the average due date for the following obligations: $300 due in 40 days, $600 due in 80 days, $1000 due in 100 days.

Rebecca Jean borrows $5000 on 3/10/05 and pays back $4000 on 6/10/05. What is the outstanding balance on the loan on 8/10/05 at 5%? Use the Merchant's Rule.

Juan is eyeing an investment that requires $90,000 up front but will return $50,000 in 1 year and $70,000 in 3 years. Find the NPV at 10% and 20% and find the IRR to one decimal place. Argue that Juan should invest here if he believes the investment is fairly safe and if he needs to get at least a _____% return.

If a general contractor receives a building materials invoice for $94,580 with terms 4/10, n/60, what rate of interest would he earn by paying by the 10th?

Suppose that on 6/1/04 Mrs. Harmon contracts to pay a renovator $5000 for her new kitchen and agrees with the renovator to make two equal payments on 12/1/04 and 6/1/05. If the renovator charges 10% for credit, find the amount of the two payments. Put the focal date at the default date of 6/1/05.

If money earns 6.25% simple interest, is it better to buy computer updates for $23,000 cash or for $25,000 in 15 months?

What is the simple interest for a 13-week $1500 loan at 7%?