College Accounting, Chapters 1-27
23rd Edition
ISBN:9781337794756
Author:HEINTZ, James A.
Publisher:HEINTZ, James A.
Chapter17: Accounting For Notes And Interest
Section: Chapter Questions
Problem 1MC: Principal plus interest equals ______ of a note. (a) discount (b) net proceeds (c) interest rate (d)...
Related questions
Question
32.The time period between the date a note is discounted and the maturity date is called the _____ period.
a.discount
b.term
c.exact
d.growth
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