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Annette is going out on a first date with Tony,whom her best friend says is funny and fun-loving.On the date,Annette predictably asks Tony,"What is the most fun-loving thing you've ever done?" What is the likely effect of such questioning on Tony?
Maturity Date
The date on which a financial obligation must be repaid or settled in full.
Leap Years
Years that are divisible by 4 (except for years divisible by 100, unless they are also divisible by 400), having 366 days to keep the calendar year synchronized with the astronomical year.
Maturity Value
The total amount that will be received at the maturity date of an investment, including the principal and any accrued interest.
365-Day Year
A method used in finance calculations that assumes all years have 365 days for the purpose of simplifying interest calculations.
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