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22 January, 11:14

Interest on a note can be calculated without knowledge of the A. fair value of the noteB. rate of interestC. notes durationD. principal amount

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  1. 22 January, 13:05
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    Answer: A. fair value of the note

    Explanation: To calculate the interest you need to know the amount of the principal, the interest rate to be paid and the period of time that the operation will last.

    On the other hand, the fair value is the amount for which an asset can be exchanged or a liability canceled, in the case of the note, it can only be canceled for the principal amount, so we can do without it when calculating the interest rate.
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