Select the term from the list below that matches each of the following six descriptions.
-The amount of cash the maker is to pay the payee on the maturity date of the note
A)Interest
B)Maturity value
C)Principal
D)Payee
E)Discounting
F)Term
G)Recourse
H)Implicit
I)Maker

Question

Quizplus · Accepted Answer

The maturity value is the total amount that the maker of a note is obligated to pay the payee at the note's maturity date, including both the principal and any interest.

Select the Term from the List Below That Matches Each