Which of the following consists of the days or months from the date of issue of a note to the date of its maturity?
A) rate of interest
B) principal of the note
C) time of the note
D) discount of the note

Question

Quizplus · Accepted Answer

The time of the note refers to the length of time from the date of issue to the date of maturity. Options A, B, and D do not refer to the length of time, but rather to the financial terms associated with the note.

Which of the Following Consists of the Days or Months