A 90 day note issued on april 10 matures on

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21) A 90-day note issued on April 10 matures on: 21) A) July 11. B Jul 10. C) July 13. D) July 12. E) July 9. o he und is renlenished. T

21) A 90-day note issued on April 10 matures on: 21) A) July 11. B Jul 10. C) July 13. D) July 12. E) July 9. o he und is renlenished. T

Answer

Correct answer is E

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Apr – 20 Days

May – 31 Days

June – 30 Days

July = 9 Days

Total = 90 Days

So Nots will mature on July 9th.

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Hope this answer your query.

Feel free to comment if you need further assistance.
J

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