Ask Question
9 August, 02:50

The face value of a promissory note is

a. the discounted value of the note.

b. the amount for which the note is written plus the interest due to the maturity date.

c. the amount for which the note is written.

d. its realizable value.

+3
Answers (1)
  1. 9 August, 03:05
    0
    Answer: Option C - the amount for which the note is written.

    Explanation:

    A written promise to pay a specified amount of money on a specific date. Face value of a promissory note is the amount for which the note is written, also known as the

    amount borrowed (principal)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “The face value of a promissory note is a. the discounted value of the note. b. the amount for which the note is written plus the interest ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers