At the maturity of a note payable, a borrower will pay ________. A. the interest amount only B. the principal plus interest C. the principal amount only D. the principal minus interest
At the maturity of a note payable, a borrower will pay ________. A. the interest amount only B. the principal plus interest C. the principal amount only D. the principal minus interest
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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At the maturity of a note payable, a borrower will pay ________.
the interest amount only
the principal plus interest
the principal amount only
the principal minus interest
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