The maturity date for a six-month note issued on January 15 would be ________.
A) July 15
B) July 14
C) July 16
D) July 10

Name: The maturity date for a six-month note issued on January 15 would be ________. A) July 15 B) July 14 C) July 16 D) July 10
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Question

Quizplus · Accepted Answer

The maturity date for a six-month note issued on January 15 would be July 15. This is because six months from January 15 (the issuance date) falls on July 15. Therefore, the correct answer is A, July 15.

The Maturity Date for a Six-Month Note Issued on January