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Fast2F Fast2F
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Posts: 1470
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7 years ago
In the basic formula for calculating interest on a promissory note, principal refers to:
A) the amount of interest to be paid.
B) the maturity value.
C) the original amount - the discount.
D) the original amount loaned or borrowed.
Textbook 
College Accounting: A Practical Approach

College Accounting: A Practical Approach


Edition: 13th
Author:
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keytwokeytwo
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Posts: 710
7 years ago
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Fast2F Author
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7 years ago
Thank you, thank you, thank you!
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Thanks
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2 hours ago
this is exactly what I needed
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