Ask Question
BusinessBusiness
1 April, 01:09

The amount of the promissory note plus the interest earned on the due date is called the A. interest valueB. maturity valueC. face valueD. issuance value

+1
Answers (1)
  1. 1 April, 01:31
    0
    B. maturity value

    Explanation:

    The maturity value is amount of the face value (1) and the interest earned through that date.

    If the note had partial installment payment, it will be the last installemnt, if t note, then it will be the entire value of the note, plus interest from the last period until maturity date.

    (1) The face value is the amount state in the promissory note.

    from ths amount the interest are calculate, not from the market price.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “The amount of the promissory note plus the interest earned on the due date is called the A. interest valueB. maturity valueC. face valueD. ...” 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
You Might be Interested in
The following events took place for Sorensen Manufacturing Company during January, the first month of its operations as a producer of digital video monitors: Purchased $255,000 of materials. Used $183,600 of direct materials in production.
Answers (1)
Current liabilities are a. due and to be paid out of current assets within one year b. payable if a possible subsequent event occurs c. due, but not payable for more than one year d. due and receivable within one year
Answers (1)
Net income $160,000 Preferred dividends $10,000 Shares of common stock outstanding 20,000 Market price per share of common stock $35 The company's earnings per share on common stock is:
Answers (1)
Mattel wanted to determine if a new toy would appeal to preschoolers, so it put six 4-year-olds in a room with several toys and waited to see which ones they played with. what form of research is this?
Answers (1)
Farmers Bank offers to lend you $50,000 at a nominal rate of 5.0%, simple interest, with interest paid quarterly. Merchants Bank offers to lend you the $50,000, but it will charge 6.0%, simple interest, with interest paid at the end of the year.
Answers (1)
New Questions in Business
The definition of manager has three components. Which one below is not one of them? a. A manager is always responsible for contribution b. Managers always get something done through other people c.
Answers (1)
For segmentation strategy to be successful, the customers in the segment must react similarly and positively to firm's offering, corresponding to which of the following criteria for evaluating segment attractiveness?
Answers (1)
Joe and Joanne own JoJo's Jet-Fast Oil-Change and Auto Service. When budgeting for next year's benefit expenses, Joe and Joanne estimate that their unemployment and workers' compensation costs will increase because of a high number of claims during
Answers (1)
A national health care plan would also control the wildly escalating cost of prescription drugs. This would particularly benefit the elderly who mostly live on fixed income.
Answers (1)
What happens when you do not make a decision?
Answers (1)
Home » Business » The amount of the promissory note plus the interest earned on the due date is called the A. interest valueB. maturity valueC. face valueD. issuance value
Sign Up Forgot Password?