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Sagot :
A 90-day note is signed on October 21. the due date of the note is January 19.
Reason:
90 days = 31-21=10 days in October + 30 days in November + 31 days in December + 19 days in January. Always start with the number of days in the first month and subtract the date of the note. (October: 31-21 = 10).
A bank will provide customers or businesses with a 90-day loan note, a short-term financing product with a fixed interest rate. Typically, the note is paid with a coupon. This indicates that on the 90th day following the loan's issuance, the entire loan amount, plus interest, is repaid.
One of the various varieties of bank loans is a 90-day loan note. Since it lasts for the shortest time possible, it is referred to as a note rather than a bond. It has the highest annual percentage rate (APR) for repayment of any other bank loan because it is a short-term loan. Usually, these loans are taken out in expectation of a bonus or other unexpected payment.
Learn more about notes here:
https://brainly.com/question/14407929
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