What is the principal amount of a note receivable plus the interest due called?

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Quizplus · Accepted Answer

The principal amount of a note receivable plus the interest due is called maturity value. This is because it represents the total amount that will be paid back by the borrower at the end of the loan term, including both the original principal and any interest that has accrued over time. The other options, face value, promissory value, and expected value, are not typically used to describe this concept in accounting and finance.

What Is the Principal Amount of a Note Receivable Plus