Single Payment Loans

A loan that is repaid with one payment after a specified time is call a _________.

Maturity value of a note is _____. 

You get the ordinary interest by multiplying the principal times rate times ________.

Loans are useful for all of the following except ___________.

A written promise to pay a sum of money on a specific date in the future is called a _____.

The amount of time you have to pay the loan is called a  ____.

______ is used when a business may be short of funds and need to borrow money to meet payroll. 

The amount of money earning interest is called the _______. 

Principal plus interest gives you the _____. 

Exact interest is calculate by using principal times rate times _______.