Answer:
option (E) May 30, 2018.
Explanation:
Data provided in the question:
Amount borrowed = $230,000
Date on which amount was borrowed = December 1, 2017
Maturity period = 180 days
Now,
Month number of days Days left
December (2017) 30 180 - 30 = 150
[note's issue date is omitted]
January (2018) 31 150 - 31 = 119
February (2018) 28 119 - 28 = 91
March (2018) 31 91 - 31 = 60
April (2018) 30 60 - 30 = 30
Hence,
The bonds will mature on 30 days after the month of April i.e on May 30, 2018
Hence,
The correct answer is option (E) May 30, 2018.