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Which form of currency is a promissory note that is to be paid back with

interest at a certain date?
A. A banknote
B. A government bond
C. A paper dollar
D. A treasury note

User Krease
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2 Answers

14 votes
14 votes

Answer:B, a government bond

Step-by-step explanation:

Just took the test.

User Rmeakins
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12 votes
12 votes

Answer:

D.

Step-by-step explanation:

A treasury note is a form of currency that needs to get paid back with interest at a certain date.

Treasury notes, also known as T-notes, are issued by the US treasury. It earns a fixed interest rate every six months till it gets matured. The treasury notes get issued in terms of 2, 3, 5, 7, and 10 years. By issuing the treasury notes, the US government partially funds itself.

A treasury note is a promissory note that is to be paid back with interest.

Therefore, option D is correct.

User Eden Sharvit
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