What is the maturity value of a bill?
A)The principal amount minus interest due
B)The principal amount times the interest rate
C)The principal amount plus interest due
D)The face amount of the bill

Question

Quizplus · Accepted Answer

The maturity value of a bill is the total amount due at the end of its term, which includes the principal amount borrowed plus the accrued interest. Therefore, the correct answer is C, the principal amount plus interest due.

What Is the Maturity Value of a Bill