The amount of a promissory note is called the
A) realizable value
B) maturity value
C) face value
D) proceeds

Name: The amount of a promissory note is called the A) realizable value B) maturity value C) face value D) proceeds
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Question

Quizplus · Accepted Answer

The face value of a promissory note is the amount that is promised to be paid back to the holder of the note. This is the amount that is originally borrowed or lent, and it does not include any interest or fees.

The Amount of a Promissory Note Is Called the