Answer:
C) Installment notes
Explanation:
These are the options for the question
A) Debentures
B) Discounted notes
C) Installment notes
D) Indentures
E) Investment notes
Promissory notes is a financial written notes between two parties for the payment of an agreed money at a particular time. The party that issue the money is called Maker and the party that received is called note payee.
It should be noted that Promissory notes that require the issuer to make a series of payments consisting of both interest and principal are Installment notes
