@Scott Trench is correct that many students make the mistake of avoiding professors with reputations for challenging courses...if you spend your college years chasing "easy A's", you'll often learn a lot less than if you had gone with more challenging professors who hold their students to a higher standard...as you probably know, in life (and in college), the best thing to do is often the hardest thing to do ...It's one thing to take easy courses if they're free, but if you're spending $150k on a bachelor's degree in interpretive dance, you probably won't get a particularly good return on your tuition money!

@Josh RodriguezAll the information can be found online, but there are so many ways to analyze and interpret this information.

How do I interpret this - "According to the advisory, the new tax law suspends the deduction for home equity interest from 2018 to 2026 — unless the loan is used to “buy, build or substantially improve” the home that secures the loan." 

@Michael LeFair enough.I think it boils down to our interpretation of the definition.

Your interpretation seems pretty spot on too!

Help them interpret the contract and start a countdown clock to when they can get out with no fee. 

I've seen terrible quality work get passed, and I've seen inspectors hold up quality work for some inane interpretation of a regulation that only that particular inspector believes.

Since an LC is about the same to me ownership wise as an LO, I'd interpret their choice to be option c.The OP is obviously dealing with an investor.

"You can't simply read a statute or regulation and take it in black and white as there is the intent of the law, the purpose, how it will be interpreted and unless you have a legal background you are guessing and you'll most often lean toward what you want it to mean, no one likes to read "no, you can't do that".

If so, the IRR is about 16% and can be calculated using Excel, as follows:- In Column A, list the months Jan 2011 through June 2011;- In Column B, aside the Jan 2011 cell, put "-4" (this is your initial investment)- In Column B, aside the Feb, Mar, Apr, May cells, put "0" (since you make no investment nor return those months)- In Column B, aside the Jun 2011 cell, put "4.25" (this is your total return in the sixth month)Now, do an XIRR calculation as follows:=XIRR(B1:B6, A1:A6)Let me know if that doesn't make sense or if I'm interpreting your question incorrectly.