Promissory notes

Who is maker?

• the person borrowing the money

• the person loaning the money

• the person who lend the money

• the person who is making money

who is payee?

• the person borrowing the money

• the person who loaning the money

• the person who signs the note

• the issuer of the note

face value is referring to the

• the amount borrowed

• amount of debt with interest

• amount received on the maturity date

• accumulated amount on due

who is the maker of the note?

• BancZone, Inc

• Oliva Zavala

who is the payee of the note?

• BancZone, Inc

• Oliva Savala

what is the term of the note?

• 151 days

• 153 days

• 180 days

• 181 days

state the face value of the note

• 10,000

• 9,900

• 100

• 10,100

find the interest of note

• 335.56

• 340

• 400

• 404.44