The amount due that must be paid at the due date of a note receivable
A)Face amount
B)Term
C)Interest
D)Maturity value
E)Dishonored note
F)Maker
G)Notes receivable
H)Interest rate

Question

The amount due that must be paid at the due date of a note receivableA)Face amountB)TermC)InterestD)Maturity valueE)Dishonored noteF)MakerG)Notes receivableH)Interest rate

Kowsalya Srinivasan · Accepted Answer

Final Answer : d, Explanation :  The maturity value of a note receivable includes the face amount plus any interest due at the due date, representing the total amount that must be paid.

The amount due that must be paid at the due date of a note receivable
A)Face amount
B)Term
C)Interest
D)Maturity value
E)Dishonored note
F)Maker
G)Notes receivable
H)Interest rate

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