Question
In Insurance policies we always find a date which is
“Date of Maturity”. What does it mean?Solution
The maturity date is the date on which the principal amount of a note, draft, acceptance bond or another debt instrument becomes due and is repaid to the investor and interest payments stop. It is also the termination or due date on which an installment loan must be paid in full.
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Qu...
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Quantity-II: The cost price of an artic...
In the question, two quantities I and II are given. You have to solve both the quantities to establish the correct relation between Quantity-I and Quan...