What Is the Maturity Date of a Loan Taken Out

question 20

Multiple Choice

What is the maturity date of a loan taken out on June 18, for 54 days?

• A) August 1
• B) July 31
• C) September 12
• D) August 11

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Definitions:

Direct Approach

A straightforward method of communication where intentions or demands are stated clearly and without evasion.

Analytical Approach

A method of problem-solving or analysis that involves breaking a topic into parts to gain a deeper understanding.

Indirect Approach

A communication strategy where the main message is presented subtly, often wrapped in supportive arguments or context.

Locating Data

The process of finding specific information or datasets from within a larger database or collection of resources.