Match each description to the appropriate term.
a. A formal, written instrument of credit that represents amounts due from customers
b. The amount due that must be paid at the due date of a note receivable
c. The amount charged for using the money of another party
d. The stated rate charged for using the money of another party
e. A note that is not paid when it is due
f. The dollar amount stated on a promissory note
g. The party promising to pay a note
h. The time between the date a note is issued and the due date of the note
1. Face amount
2. Term
3. Interest
4. Maturity value
5. Dishonored note
6. Maker
7. Notes receivable
8. Interest rate
Answers: 3
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Match each description to the appropriate term.
a. A formal, written instrument of credit that rep...
Computers and Technology, 21.11.2019 07:31
Computers and Technology, 21.11.2019 07:31