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BUSINESS MATH

1. To find the maturity date starting from July 15, 2007, and adding a certain number of
days to it, you can follow these steps:

1. Start with the initial date: July 15, 2007.


2. Calculate the number of days between July 15, 2007, and August 25, 2008.
 From July 15, 2007, to July 15, 2008, is one year, or 365 days.
 From July 15, 2008, to August 25, 2008, is 41 days (since 2008 is a leap year with
366 days).
3. Add these days together: 365 days (from step 2) + 41 days = 406 days.
4. Now, add 406 days to the initial date of July 15, 2007:
July 15, 2007 + 406 days = September 16, 2008.

So, the maturity date from July 15, 2007, to August 25, 2008, is September 16, 2008

2.

1. 2. Calculate the number of days in each year and sum them up for the entire
period:
 From June 30, 2005, to June 30, 2006, there are 365 days (since 2006 is not a leap
year).
 From June 30, 2006, to June 30, 2007, there are 365 days.
 From June 30, 2007, to June 30, 2008, there are 366 days (2008 is a leap year).
 From June 30, 2008, to June 30, 2009, there are 365 days.
 From June 30, 2009, to June 30, 2010, there are 365 days.
 From June 30, 2010, to June 30, 2011, there are 365 days.
 From June 30, 2011, to January 15, 2012, there are 200 days.

Now, add up these days:

365 + 365 + 366 + 365 + 365 + 365 + 200 = 2581 days.

2. Add the calculated number of days to the starting date (June 30, 2005) to find the
maturity date:

June 30, 2005 + 2581 days = March 26, 2012.

So, the maturity date from June 30, 2005, to January 15, 2012, is March 26, 2012.
3. Calculate the number of days in each month:
 May has 31 days.
 June has 30 days.
 July has 31 days.
 August has 10 days (up to August 10).
2. Now, add up these days:

31 (May) + 30 (June) + 31 (July) + 10 (August) = 102 days.

3. Add the calculated number of days to the starting date (May 10) to find the
maturity date:

May 10 + 102 days = August 20.

So, the maturity date from May 10 to August 10 is August 20.

 4. July has 31 days.


 August has 10 days (up to August 10).
2. Now, add up these days:

31 (July) + 10 (August) = 41 days.

3. Add the calculated number of days to the starting date (July 8) to find the
maturity date:

July 8 + 41 days = August 18.

So, the maturity date from July 8 to August 10 is August 18.

 November has 30 days.


5.
 December has 31 days.
 January has 31 days.
 February has 2 days (up to February 2).
2. Now, add up these days:

30 (November) + 31 (December) + 31 (January) + 2 (February) = 94 days.

3. Add the calculated number of days to the starting date (November 25,
2009) to find the maturity date:
November 25, 2009 + 94 days = February 28, 2010.

However, February 2010 only has 28 days in a non-leap year. Therefore, the
maturity date would be adjusted to February 28, 2010, since there is no
February 30th.

So, the maturity date from November 25, 2009, to February 2, 2010, is
February 28, 2010.

6.
To find the maturity date from May 3, 2017, to September 10, 2017, you can calculate
the number of days between these two dates and then add that duration to the starting
date. Here's how you can do it:

1. Calculate the number of days in each month:


 May has 31 days.
 June has 30 days.
 July has 31 days.
 August has 31 days.
 September has 10 days (up to September 10).
2. Now, add up these days:

31 (May) + 30 (June) + 31 (July) + 31 (August) + 10 (September) = 133 days.

3. Add the calculated number of days to the starting date (May 3, 2017) to find the
maturity date:

May 3, 2017 + 133 days = September 13, 2017.

So, the maturity date from May 3, 2017, to September 10, 2017, is September 13, 2017.

7. To find the maturity date from November 18, 2015, to May 9, 2016, you can calculate
the number of days between these two dates and then add that duration to the starting
date. Here's how you can do it:

1. Calculate the number of days in each month:


 November has 30 days.
 December has 31 days.
 January has 31 days.
 February has 29 days (since 2016 is a leap year).
 March has 31 days.
 April has 30 days.
 May has 9 days (up to May 9).
2. Now, add up these days:

30 (November) + 31 (December) + 31 (January) + 29 (February) + 31 (March) + 30


(April) + 9 (May) = 211 days.

3. Add the calculated number of days to the starting date (November 18, 2015) to
find the maturity date:

November 18, 2015 + 211 days = June 16, 2016.

So, the maturity date from November 18, 2015, to May 9, 2016, is June 16, 2016.

8. To find the maturity date from April 13, 2011, to January 8, 2012, you can
calculate the number of days between these two dates and then add that
duration to the starting date. Here's how you can do it:

1. Calculate the number of days in each month:


 April has 30 days.
 May has 31 days.
 June has 30 days.
 July has 31 days.
 August has 31 days.
 September has 30 days.
 October has 31 days.
 November has 30 days.
 December has 31 days.
 January has 8 days (up to January 8).
2. Now, add up these days:

30 (April) + 31 (May) + 30 (June) + 31 (July) + 31 (August) + 30 (September) +


31 (October) + 30 (November) + 31 (December) + 8 (January) = 292 days.
3. Add the calculated number of days to the starting date (April 13, 2011)
to find the maturity date:

April 13, 2011 + 292 days = January 9, 2012.

So, the maturity date from April 13, 2011, to January 8, 2012, is January 9,
2012.
9. To find the maturity date 5 years after November 8, 2010, you can use the following
computation:

1. Start with the initial date: November 8, 2010.


2. Add 5 years to it. Since there are 365 days in a year (ignoring leap years for
simplicity), you can calculate it as follows:
365 days/year * 5 years = 1,825 days
3. Add 1,825 days to November 8, 2010:
November 8, 2010 + 1,825 days = November 8, 2015

So, the maturity date 5 years after November 8, 2010, is November 8, 2015, using this
computation.

10. To calculate the maturity date 4 years and 4 months after September 12, 2008, you
can use the following computation:

1. Start with the initial date: September 12, 2008.


2. Add 4 years to it. Since there are 365 days in a year (ignoring leap years for
simplicity), you can calculate it as follows:
365 days/year * 4 years = 1,460 days
3. Add 4 months to it. Since there are approximately 30.44 days in a month on
average, you can calculate it as follows:
30.44 days/month * 4 months = 121.76 days (round to the nearest day)
4. Add 1,460 days and 121 days to September 12, 2008:
September 12, 2008 + 1,460 days + 121 days = February 1, 2013

So, the maturity date 4 years and 4 months after September 12, 2008, is February 1,
2013, using this computation.

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