A 60-day note is signed on February 15 (and it's not leap year). the due date of the note is April 16.The time and date on which interest and principal are fully due and are required to be repaid is known as the maturity date of a note.
A written is promise to pay a certain sum of money at a later time is known as a note or the promissory note. The maturity date is the future the occasion. The principal amount of a note, draught, acceptance bond, or other the debt instrument becomes due on the maturity date.
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