The maturity date for a 66-day note dated June 29 is:
A)September 1.
B)September 2.
C)September 3.
D)August 31.

Name: The maturity date for a 66-day note dated June 29 is: A)September 1. B)September 2. C)September 3. D)August 31.
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Question

Quizplus · Accepted Answer

To find the maturity date, we need to add the number of days in the note to the date it was issued. June 29 + 66 days = September 3. Therefore, the correct answer is C) September 3.

The Maturity Date for a 66-Day Note Dated June 29