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21 May, 03:41

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

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  1. 21 May, 04:41
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    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.
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